Houston, TX 77080 Real Estate Market Report

ZIP Code: 77080
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Houston, TX (ZIP: 77080) reflects a median sold price of $392,236.50, indicating a shift in market dynamics. This represents a decrease in home values, aligning with broader trends observed in the area. The market appears to be experiencing slower sales velocity, as evidenced by the 147 days on market, suggesting that properties are taking longer to sell amid elevated inventory levels.

The current market conditions are characterized by elevated inventory relative to sales activity, which may indicate a more balanced environment. The median listing price stands at $422,500, creating a notable gap between asking prices and actual sold prices. This pricing friction could suggest that sellers may need to adjust their expectations to align more closely with the current market reality, especially as interest rates remain elevated, influencing buyer behavior and overall market liquidity.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Houston, TX 77080 are around 6.19% compared to early 2026 averages near 5.99%, indicating property owners locked in a slightly more favorable rate.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $392,236.50 indicates a decrease in home values, reflecting current market trends.

2. With a median days on market of 147, the market is experiencing slower sales velocity, suggesting properties are taking longer to sell.

3. The elevated inventory levels suggest excess supply relative to sales activity, impacting pricing dynamics.

4. The median listing price of $422,500 creates a significant gap compared to the median sold price, indicating potential pricing friction in the market.

5. Current interest rate pressure remains elevated, which may continue to influence buyer demand and overall market stability.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.