Monica Foster Team of eXp Realty

Houston, TX 77058

Single-Family Homes

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Houston, TX 77058

Sun Aug 01 2021
This week the median list price for Houston, TX 77058 is $415,250 with the market action index hovering around 61. This is an increase over last month's market action index of 54. Inventory has decreased to 8. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Houston, TX 77058

Sun Aug 01 2021
This week the median list price for Houston, TX 77058 is $415,250 with the market action index hovering around 61. This is an increase over last month's market action index of 54. Inventory has decreased to 8. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $415,250
Median Price of New Listings $335,000
Per Square Foot $157
Average Days on Market 47
Median Days on Market 21
Price Decreased 63%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent $1,800
Market Action 61
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$787,450 4,606 6,500 - 8,000 sqft 4 4 27 0 0 35
$542,750 3,637 0.25 - 0.5 acre 4 3 25 0 0 91
$317,500 2,226 8,000 - 10,000 sqft 4 2 54 1 3 7
$259,999 2,019 6,500 - 8,000 sqft 3 2 47 0 0 56