Houston, TX 77084 Real Estate Market Report

ZIP Code: 77084
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

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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 TX 77084 market are averaging 6.46%, reflecting a stable interest rate environment for property owners compared to the 6.19% to 6.35% range observed earlier in 2026.

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 indicator, the median sold price, is 266,008, representing transaction-level value; with the median listing price at 285,000, this gap suggests seller expectations exceed recent sale outcomes and may create pricing friction in negotiations.

2. Liquidity shows signs of cooling with a median days on market of 153, which suggests slower sales velocity and increased buyer leverage rather than rapid turnover.

3. Market dynamics point to weakening price momentum: the market temperature is cold and the price year-over-year trend is down; the median price per square foot of 139 serves as the current unit-cost benchmark for underwriting and competitive pricing.

4. Rental and financing context is softening—median market rent is 1,800 and rent year-over-year trend is down; interest rate pressure is moderate with current 30-year fixed mortgage rates averaging 6.46%, which may limit investor demand and cap-rate compression.

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Notable Properties

The following 7 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.