Single-Family Homes
Wed Jul 16 2025
This week the median list price for Houston, TX 77006 is $999,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 79.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Median List Price | $999,000 | |
Median Price of New Listings | $794,950 | |
Per Square Foot | $369 | |
Average Days on Market | 118 | |
Median Days on Market | 91 | |
Price Decreased | 33% | |
Price Increased | 1% | |
Relisted | 32% | |
Inventory | 79 | |
Median Rent | ||
Market Action | 28 | |
Slight Buyer's Advantage |
We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,787,454 | 4,121 | 4,500 - 6,500 sqft | 3 | 4.5 | 2 | 0 | 4 | 98 |
$1,172,500 | 3,210 | 4,500 - 6,500 sqft | 3 | 3.5 | 14 | 1 | 2 | 133 |
$892,000 | 2,658 | 0 - 4,500 sqft | 3 | 3.3 | 31 | 0 | 3 | 84 |
$577,500 | 2,365 | 0 - 4,500 sqft | 3 | 3.5 | 23 | 1 | 0 | 42 |