Roger Martin Properties' Market Report

Houston, TX 77007

Single-Family Homes

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



Houston, TX 77007

Fri May 09 2025
This week the median list price for Houston, TX 77007 is $599,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 275. Click here to stay informed with the Houston market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

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.

Houston, TX 77007

Fri May 09 2025
This week the median list price for Houston, TX 77007 is $599,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 275. Click here to stay informed with the Houston market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

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.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $599,000
Median Price of New Listings $624,950
Per Square Foot $252
Average Days on Market 122
Median Days on Market 63
Price Decreased 52%
Price Increased 3%
Relisted 31%
Inventory 275
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,187,250 3,311 0 - 4,500 sqft 4 3.5 15 12 2 56
$657,500 2,440 0 - 4,500 sqft 3 3.5 11 5 5 105
$549,000 2,364 0 - 4,500 sqft 3 3.5 13 8 6 42
$459,000 2,024 0 - 4,500 sqft 3 3 18 7 4 63