Roger Martin Properties' Market Report

Houston, TX 77096

Single-Family Homes

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



Houston, TX 77096

Mon Mar 01 2021
This week the median list price for Houston, TX 77096 is $415,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 133. 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

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 77096

Mon Mar 01 2021
This week the median list price for Houston, TX 77096 is $415,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 133. 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

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 $415,000
Per Square Foot $178
Days on Market 77
Price Decreased 50%
Price Increased 6%
Relisted 11%
Inventory 133
Median Rent $2,500
Most Expensive $1,299,000
Least Expensive $259,900
Market Action 35
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
$585,000 3,169 0.25 - 0.5 acre 4 3 58 1 4 77
$449,000 2,425 8,000 - 10,000 sqft 4 2 59 0 2 77
$389,900 2,219 8,000 - 10,000 sqft 3 2 59 2 7 49
$321,999 2,034 8,000 - 10,000 sqft 3 2 58 1 7 122