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Market Snapshot

Median listing price
$220K

The median listing price in Houston, TX ZIP 77093 is $219,839.5 as of June 2026.

Median rent
$1,600/mo

The median market rent in Houston, TX ZIP 77093 is $1,600/month as of June 2026.

Days on market
136 days

The median days on market in Houston, TX ZIP 77093 is 136 days as of June 2026. The market is currently neutral.

Gross rental yield
8.73%

At a median list price of $219,839.5 and a median rent of $1,600/month, the gross rental yield in Houston, TX ZIP 77093 is 8.73% as of June 2026.

STR vs LTR
$1,648/mo STR · $1,600/mo LTR

In Houston, TX ZIP 77093, median Airbnb revenue is $1,648/month compared to median long-term rent of $1,600/month as of June 2026.

Houston, TX 77093 Real Estate Market Report

ZIP Code: 77093

Report Date: June 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.


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.

Analysis Window
180 Days
Total Properties Analyzed
47
Active Listings
40
Sold Properties
7

Market Metrics

Median Listing Price
$219,840
Median Sold Price
$167,500
Median Price per Sqft
$151/sqft

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

Median Market Rent
$1,600

Property Taxes

Property Tax Rate
1.05%

Liquidity & Velocity

Median Days on Market
136
Sale-to-List Ratio
100.0%

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

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.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood's median sold price is 167,500, which should be treated as the primary indicator of current market value and recent transaction activity; this level points to realized values below asking expectations and softening sale prices relative to list price.
  2. The median listing price is 219,840 versus the median sold price 167,500, suggesting seller expectations exceed transaction levels and may be contributing to pricing friction in active negotiations.
  3. The median days on market is 136, indicating slower sales velocity and, when viewed alongside elevated inventory relative to sales activity, may indicate reduced liquidity and longer marketing timelines for SFR and condominium listings.
  4. Price year-over-year trend is down, market temperature is neutral, rent year-over-year trend is up, and interest rate pressure is elevated — a combination that points to a stabilizing market with mixed signals (downward price pressure offset by stronger rents and higher financing costs).

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.

Recent Transactions

3306 Wardmont St, Houston, TX 77093
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds2 baths912 sqft
$409,272
Dec 1, 2025
$449/sqft/sqft
2951 Yorkwood St, Houston, TX 77093
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths926 sqft
$170,000
Dec 1, 2025
$184/sqft/sqft
9021 Lomax St, Houston, TX 77093
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

5 beds2 baths2,464 sqft
$166,000
Dec 1, 2025
$67/sqft/sqft
536 days on market
3405 Sparks St, Houston, TX 77093
Value

Sold below market average

3 beds1 baths1,020 sqft
$99,404
Mar 1, 2026
$97/sqft/sqft
3721 Hage St, Houston, TX 77093
Value

Sold below market average

3 beds1 baths1,444 sqft
$75,000
Feb 1, 2026
$52/sqft/sqft
3721 Hage St, Houston, TX 77093
Value

Sold below market average

3 beds1 baths1,444 sqft
$75,000
Feb 1, 2026
$52/sqft/sqft
8109 Schneider St, Houston, TX 77093
Value

Sold below market average

3 beds1 baths1,660 sqft
$68,000
May 1, 2026
$41/sqft/sqft
2306 Wardmont St, Houston, TX 77093
Value

Sold below market average

3 beds1 baths1,189 sqft
$60,000
Jan 1, 2026
$50/sqft/sqft
454 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$557/mo
77093 Avg Rent
77093 Cost to Own
Rent$1,600
Own$1,043

20% down, 6.50% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

77093 Avg nightly rate
77093 Avg occupancy (days/year)
Nightly rate$164/night
Occupancy136 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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