Roger Martin Properties' Market Report

Bellaire, TX 77401

Single-Family Homes

www.rogermartinproperties.com | 713-661-2300 | roger@rogermartin.com



Bellaire, TX 77401

Fri May 09 2025
This week the median list price for Bellaire, TX 77401 is $1,399,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 49. Click here to stay informed with the Bellaire market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bellaire, TX 77401

Fri May 09 2025
This week the median list price for Bellaire, TX 77401 is $1,399,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 49. Click here to stay informed with the Bellaire market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bellaire market.
Median List Price $1,399,000
Median Price of New Listings $1,722,000
Per Square Foot $348
Average Days on Market 70
Median Days on Market 21
Price Decreased 20%
Price Increased 0%
Relisted 14%
Inventory 49
Median Rent
Market Action 36
Slight Seller's Advantage

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,932,000 5,014 8,000 - 10,000 sqft 5 5 11 5 3 7
$1,574,500 4,243 8,000 - 10,000 sqft 4 4.5 7 2 1 42
$1,174,500 3,750 4,500 - 6,500 sqft 4 3.5 25 1 3 24
$675,000 2,148 8,000 - 10,000 sqft 4 2.5 75 0 0 91