Houston, TX 77093 Real Estate Market Report

ZIP Code: 77093
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Houston, TX (ZIP: 77093) is characterized by a median sold price of $191,318, reflecting a cooling trend in the market. The neighborhood has decreased 8% since 2022, indicating a shift towards more balanced conditions. This decline in sold prices is accompanied by 164 days on market, suggesting slower sales velocity and a potential adjustment period for sellers as they navigate current market dynamics.

Inventory levels appear elevated, with a notable gap between the median listing price of $235,000 and the median sold price. This discrepancy may indicate pricing friction as sellers adjust expectations in response to the current market conditions. The overall market temperature is classified as neutral, suggesting a balanced state where supply and demand are relatively aligned, albeit with some signs of excess supply relative to sales activity.

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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 Houston market are around 6.00% compared to recent lows near 5.625% seen in February 2026.

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 $191,318 reflects a market that has seen a decrease of 8% since 2022.

2. With a median days on market of 164, properties are experiencing slower sales velocity, indicating a potential need for pricing adjustments.

3. The median listing price stands at $235,000, creating a significant gap with the sold price, which may lead to pricing friction for sellers.

4. The market temperature is neutral, suggesting a balanced supply-demand dynamic despite elevated inventory levels.

5. Rents are also trending down, with a median market rent of $1,722, reflecting broader economic pressures on housing affordability.

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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.