Houston, TX 77092 Real Estate Market Report

ZIP Code: 77092
Report Date: May 2026
Market Temperature: NEUTRAL
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 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 the 77092 area are averaging 6.4%, reflecting a stable market environment for property owners compared to the 2026 year-to-date average.

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. median sold price is not available in the provided metrics, which limits direct conclusions about recent transaction-level pricing; this absence may indicate limited closed-sale sample data in the feed or a timing mismatch between listing and sales records, so rely on listing and market indicators for context. neutral

2. The local pricing snapshot shows a median listing price $375,000 with a median price per square foot 215, which suggests current seller expectations and a modestly priced SFR/condo market; without a reported median sold price, these listing-based values should be treated as indicative rather than definitive. stable

3. Liquidity signals point to slower sales velocity: median days on market 164 paired with elevated inventory relative to sales in the analyzed sample appears to be creating pricing friction, which may give buyers more negotiating leverage and suggests slower transaction volume.

4. Rental and financing context: interest rate pressure elevated (local 30‑year fixed mortgage averaging 6.4%) alongside a median market rent $1,800 and a down rent year-over-year trend may compress investor cashflow and reduce investor demand, so underwrite acquisitions conservatively and prioritize properties with stronger rent stability. elevated

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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.

Houston, TX 77092 Real Estate Market Report

ZIP Code: 77092
Report Date: May 2026
Market Temperature: NEUTRAL
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 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 the 77092 area are averaging 6.4%, reflecting a stable market environment for property owners compared to the 2026 year-to-date average.

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. Median sold price is not available in the supplied metrics, so recent transaction-level valuation is indeterminate from the provided dataset; this absence may reflect limited closed-sales data in the sample or timing lags in reporting rather than an absence of market activity.

2. Median listing price is 110,000, which alongside a long median days on market of 192 suggests slower sales velocity and potential pricing friction; this combination appears to favor cautious buyers rather than rapid turnover.

3. Median price per square foot is 108 and the local price year-over-year trend is up, indicating very slight price appreciation in the neighborhood even as broader Houston and Texas trends show slight decline; reconcile seller expectations with recent transactions when underwriting deals.

4. Market context shows a neutral market temperature (neutral) with rent year-over-year trend down (down) and elevated interest rate pressure (elevated); combined, these signals suggest balanced to cooling conditions with softer rental cash flows and financing headwinds to factor into investment and pricing decisions.

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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.