Houston, TX 77082 Real Estate Market Report

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.

Market Metrics

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.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The neighborhood's representative recent sale shows a median sold price of 275,973, which should be treated as the primary indicator of current market value and recent transaction activity; this level suggests sellers are realizing prices below the median listing price of 322,450, pointing to pricing friction and downward pressure on realized values. down
2. Liquidity appears soft: the median days on market is 134, which indicates slower sales velocity and, combined with elevated inventory relative to sales activity in the analyzed sample, may indicate increased buyer negotiating leverage and longer time required to close transactions.
3. Market direction signals are negative: price year-over-year trend is down and market temperature is cold, which together suggest a cooling market where sellers may need to adjust expectations or offer concessions to transact. cold
4. Rental context is weakening for investors: median market rent is 1,690 while rent year-over-year trend is down, and interest rate pressure is moderate, which may compress near-term cash flow expectations and affect investor underwriting assumptions. moderate

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.