Monica Foster Team of eXp Realty

Houston, TX 77062

Single-Family Homes

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Houston, TX 77062

Sat Jul 05 2025
This week the median list price for Houston, TX 77062 is $342,500 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 84. 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 Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Houston, TX 77062

Sat Jul 05 2025
This week the median list price for Houston, TX 77062 is $342,500 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 84. 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 Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $342,500
Median Price of New Listings $354,750
Per Square Foot $159
Average Days on Market 99
Median Days on Market 35
Price Decreased 38%
Price Increased 0%
Relisted 23%
Inventory 84
Median Rent
Market Action 41
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$515,000 2,912 8,000 - 10,000 sqft 4 2.5 37 1 1 35
$364,500 2,305 6,500 - 8,000 sqft 4 2.5 37 4 3 35
$325,000 2,063 6,500 - 8,000 sqft 4 2.5 44 3 1 28
$279,900 1,836 6,500 - 8,000 sqft 3 2 56 0 3 35