Houston, TX 77084 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 primary market indicator, the $259,500 median sold price, indicates the representative recent sale level in 77084 and should be treated as the most reliable signal of market value; current online asking behavior shows a higher median listing price of $289,450, which may indicate pricing friction between seller expectations and transaction reality.
2. Despite elevated inventory relative to sales activity in the analyzed sample, the market temperature is described as neutral, suggesting a balanced negotiation environment where neither side consistently dominates; sellers should expect moderate listing-to-sale negotiation rather than rapid bidding wars.
3. Liquidity is slower: the 123 median days on market points to extended marketing timelines and suggests slower sales velocity, which may require more aggressive pricing or targeted marketing to accelerate transactions.
4. Rent and broader cost pressures are softening risk: the $1,840 median market rent and a rent year-over-year trend of down combine with moderate interest rate pressure to caution investors that near-term rental growth and financing tailswinds are limited.

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.