Monica Foster Team of eXp Realty

Houston, TX 77062

Single-Family Homes

Who You Choose Matters! - 4.9/5.0 1000+ Reviews - RealtyByMonica.com



Houston, TX 77062

Thu Sep 11 2025
This week the median list price for Houston, TX 77062 is $339,500 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 65. 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

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.

Houston, TX 77062

Thu Sep 11 2025
This week the median list price for Houston, TX 77062 is $339,500 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 65. 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

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 Houston market.
Median List Price $339,500
Median Price of New Listings $377,500
Per Square Foot $161
Average Days on Market 94
Median Days on Market 70
Price Decreased 46%
Price Increased 2%
Relisted 18%
Inventory 65
Median Rent
Market Action 36
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
$479,500 2,909 0.25 - 0.5 acre 4 2.5 37 1 1 77
$359,700 2,262 6,500 - 8,000 sqft 4 2.5 37 3 2 59
$324,900 2,062 8,000 - 10,000 sqft 3 2.5 40 1 3 73
$295,000 1,938 8,000 - 10,000 sqft 3 2 45 1 2 63