Houston, TX 77084 Real Estate Market Report

ZIP Code: 77084
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Houston, TX (ZIP: 77084) is $274,950, reflecting a notable decline in home values over the past year. This decrease aligns with broader market trends indicating a down trajectory in pricing, suggesting that sellers may need to adjust expectations to align with current buyer sentiment. The market is currently characterized by elevated inventory levels and longer selling times, with properties spending a median of 117 days on the market. This extended duration indicates a slower sales velocity, further emphasizing the need for strategic pricing to attract buyers in a shifting landscape.

Despite these challenges, the market temperature remains neutral, suggesting a balance between supply and demand. However, the presence of elevated interest rate pressure may impact buyer affordability and overall market activity. With a median listing price of $294,999.50, there is a significant gap between asking prices and actual sold prices, indicating potential pricing friction that sellers should navigate carefully. Positive economic signals, including job growth and population inflow, may provide some support for the market, but the current conditions necessitate a cautious approach for both buyers and sellers.

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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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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, around 5.625% to 6.129% are lower than the 6% to 7% range seen earlier in 2026, presenting a cost opportunity for refinancing.

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 $274,950 indicates a significant pricing adjustment in the market, reflecting a down trend in home values.

2. Properties are experiencing a median days on market of 117, suggesting a slower sales velocity and potential challenges in closing transactions.

3. The median listing price stands at $294,999.50, revealing a notable gap compared to sold prices, which may create pricing friction for sellers.

4. The market temperature is currently neutral, indicating a balance between supply and demand, but with signs of moderate sales activity.

5. Elevated interest rate pressure may impact buyer affordability, contributing to a down trend in market dynamics.

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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.