Roger Martin Properties' Market Report

Houston, TX 77008

Single-Family Homes

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



Houston, TX 77008

Sun Oct 25 2026
This week the median list price for Houston, TX 77008 is $618,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 281. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Houston, TX 77008

Sun Oct 25 2026
This week the median list price for Houston, TX 77008 is $618,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 281. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $618,000
Median Price of New Listings $687,000
Per Square Foot $268
Average Days on Market 111
Median Days on Market 77
Price Decreased 36%
Price Increased 1%
Relisted 30%
Inventory 281
Median Rent
Market Action 29
Slight Buyer's Advantage

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

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
$1,195,000 3,036 4,500 - 6,500 sqft 4 3.5 18 7 4 56
$681,000 2,496 0 - 4,500 sqft 3 2.5 14 11 6 91
$550,000 2,174 0 - 4,500 sqft 3 3.5 12 4 6 63
$450,000 2,078 0 - 4,500 sqft 3 3.5 12 2 3 84