Houston, TX 77082 Real Estate Market Report

ZIP Code: 77082
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Houston 77082 area average 6.49%, reflecting a stable market environment compared to earlier 2026 benchmarks.

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 primary market value signal is the median sold price of $231,000, which represents recent transaction activity and suggests realized market value is below current asking levels; this gap between the median listing price of $309,950 and the median sold price of $231,000 may indicate seller pricing above transaction reality and potential downward pressure on offers.

2. Market liquidity appears weak: the median days on market of 141 points to slower sales velocity and, combined with elevated inventory relative to sales activity, suggests longer negotiation timelines and increased concession risk for sellers; cold market temperature reinforces reduced buyer urgency.

3. Price momentum is negative: broader indicators show price year-over-year trend is down and rent year-over-year trend is down, implying limited near-term upside for capital appreciation and rental income in this ZIP code.

4. Financing and carrying-cost context is a headwind—interest rate pressure is elevated and local 30-year fixed mortgage rates average 6.49%, which may further dampen buyer demand and extend time-to-contract for properties priced above recent sold levels.

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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.

Houston, TX 77082 Real Estate Market Report

ZIP Code: 77082
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Houston 77082 area average 6.49%, reflecting a stable market environment compared to earlier 2026 benchmarks.

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 primary market-value indicator is the median sold price, but a current median sold price is not available in the provided metrics, which may indicate limited recent closed-transaction data in the analyzed sample or timing gaps in reporting.

2. The median listing price 84,839 combined with median days on market 174 suggests slower sales velocity and notable pricing friction; the extended time to contract appears consistent with a market that is cooling and may indicate sellers need to adjust expectations to achieve closings.

3. Market-direction signals reinforce weakening pricing: the price year-over-year trend is down and the market temperature is cold, which suggests pricing pressure and excess supply relative to sales activity rather than acute shortages.

4. Financing and rental context is unfavorable for short-term upside: interest rate pressure is elevated with local 30-year fixed mortgage rates averaging 6.49%, and rent performance is weakened—median market rent 1,800 with the rent year-over-year trend down—which together may constrain investor demand and limit rent-driven valuation support.

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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.