Houston, TX 77093 Real Estate Market Report

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

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Executive Overview

The Houston, TX (ZIP: 77093) market is currently characterized by a median sold price of $190,500, reflecting a competitive environment despite the broader market stabilizing toward a neutral temperature. The neighborhood has experienced an upward price trend, indicating a strong demand for housing. This price appreciation is supported by positive economic fundamentals, including population and job growth, which continue to bolster housing demand in the area.

Transaction activity appears moderate, with 228 median days on market suggesting slower sales velocity. The current inventory levels indicate elevated supply relative to sales activity, which may create pricing friction as sellers adjust expectations in response to market dynamics. The median listing price stands at $232,248.50, creating a notable gap from the sold price, which could signal a need for sellers to recalibrate their pricing strategies to align more closely with buyer expectations.

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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 average around 6.4% to 6.6%, which is slightly higher than the 6.25% to 6.4% seen in early March 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 $190,500 indicates a competitive market with significant local price appreciation.

2. With a median days on market of 228, the market is experiencing slower sales velocity, suggesting potential pricing adjustments may be necessary.

3. The median listing price of $232,248.50 reflects elevated seller expectations compared to the sold price, indicating possible pricing friction.

4. Current market conditions show elevated inventory levels, which may lead to a more balanced market as buyers have more options.

5. The median market rent of $1,722 suggests ongoing demand for rental properties, although the year-over-year trend is down, indicating potential caution in rental pricing.

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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.