Houston, TX Home Values & Market Trends

Real estate market trends reflect that there have been 138 transactions over the past year in Houston. The median value for residential home transactions that occurred over the previous year is $280,187.47. The number of current listings in Houston is 260, and the percentage of properties for sale in the city is 19.01%. Houston, TX currently has 1,108 properties in foreclosure, 70 bank owned properties, 1,038 properties headed for auction, and 260 properties for sale.

Houston, TX Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
77008

$ 522,052

$ 252/sqft

77004

$ 374,227

$ 264/sqft

77095

$ 322,633

$ 159/sqft

77027

$ 621,472

$ 326/sqft

77077

$ 407,944

$ 170/sqft

77056

$ 563,995

$ 261/sqft

77096

$ 475,200

$ 218/sqft

77007

$ 498,919

$ 225/sqft

77002

$ 356,301

$ 257/sqft

77019

$ 490,050

$ 221/sqft

77006

$ 465,300

$ 300/sqft

77024

$ 710,000

$ 186/sqft

77035

$ 310,669

$ 198/sqft

77043

$ 437,232

$ 196/sqft

77055

$ 579,500

$ 189/sqft

77044

$ 459,452

$ 133/sqft

77069

$ 321,750

$ 130/sqft

77057

$ 489,700

$ 183/sqft

77084

$ 321,750

$ 136/sqft

77062

$ 380,115

$ 164/sqft

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Housing Market Summary for Houston, TX

Aug 2022August 2023Change
Median Listing Price$350K$291.3K-16.78%
Median Sold Price$289K$291.3K0.80%
Homes For Sale271255-5.90%
Homes Sold26,22421,036-19.78%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Houston, TX

Houston home values range from $21,290 to $30,673,980. The median estimated value of a home in Houston is $280,187.47. The median list price of a home is 327,000, and the total count of properties in the city is 765,851.

Foreclosure
There are 95 zips within Houston, TX; within these zips, the median estimated home value for homes in foreclosure ranges from $5,692,500 in 77088 to the lowest value of $32,131 in 77088. Foreclosure homes account for 0.00% of properties in Houston, TX with 77044 containing 47 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Houston, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 95 zips within Houston, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Houston, TX ranges from the highest value of $2,682,594 in 77042 to the lowest value of $64,900 in 77099. Bank owned homes and properties account for 0.01% of properties in Houston, TX. There are 95 zips within Houston, TX; 77077 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    77044 has 45 auction properties, the highest number of properties going to auction in a single zip in the state of Houston, TX. Auction homes and other auction properties account for 0.14% of all properties in Houston, TX. There are 95 zips within Houston, TX; of those zips, the median estimated home value for homes going to auction ranges from $5,692,500 in 77024 to the lowest value of $32,131 in 77024.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in Houston, TX with 77008 containing 11 homes for sale, the highest number of listed properties in a single zip. There are 95 zips within Houston, TX; homes for sale in those zips, have a range of median values from $5,148,000 in 77042 to the lowest value of $53,629 in 77036.
    Sold Homes
    The median value for recently sold homes ranges from $14,964,608 in 77019 to the lowest price of $21,474 in 77019. There are 95 zips within Houston, TX. 77084 has 725 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.58% of properties in Houston, TX.

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