Houston, TX 77093 Real Estate Market Report

ZIP Code: 77093
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 77093 market are averaging 6.4% as of May 2026, reflecting the prevailing interest rate environment for property owners in this area.

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 $156,026 median sold price, which reflects recent transaction activity and signals realized market value rather than asking expectations; given the market context, this median sold price suggests pricing pressure relative to seller expectations (downward pressure) and should guide valuation and underwriting.

2. There is a substantial gap between the $220,000 median listing price and the $156,026 median sold price, which may indicate pricing friction and excess supply relative to sales activity as sellers price above what recent transactions are achieving.

3. Market velocity is slow: the median days on market of 143 points to extended marketing periods and slower sales velocity, which may increase buyer negotiation leverage and require pricing or concession strategies to improve liquidity.

4. Macro and rental context is mixed—median market rent of $1,600 is rising while interest rate pressure is elevated (local 30-year fixed mortgage rates averaging 6.4%), a combination that supports rental demand yet raises financing costs for buyers and investors (rent growth / higher borrowing costs).

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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.