Market Intelligence · TX / Houston

Houston, TX 77007 Housing Market

Typical home value in Houston 77007 has declined 3.6% over the past year, now sitting at $492,518. The median list price stands at $538,450, with homes taking a median of 50 days to sell as of September 2026.

Updated September 2026Median value$493K

The median home value in Houston, TX 77007 is $493K as of September 2026, down 3.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 77007 range

$453K to $532K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.6% over 12 months

Typical home value in 77007 over the last 12 months: $511K in Sep 2025 to $493K in Sep 2026 (-3.6%).

Sep 2025$511K

Sep 2026$493K

The numbers

What is the 77007 housing market like?

Typical home value

$493K

Down3.6%YoY

Median list price

$538K

Up1.2%MoM

Days on market

50

Flat0.0%MoM

Homes for sale

405

Down1.2%MoM

Price cuts

15.5%

Down23.4%MoM

New listings

112

Up33.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

77007 housing market forecast 2027

-0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 77007 to stay roughly flat by September 2027 (down 0.2%).

Over the 12 months through September 2026, typical home values in 77007 fell 3.6%, per the Zillow Home Value Index.

Will home prices drop in 77007?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 77007 to stay roughly flat by September 2027 (down 0.2%), after a 3.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 77007 home prices compare?

  • 77007$492,518
  • Houston$247,856
  • Texas$258,447
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Houston: 95 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

The market in 77007 shows a mix of activity and caution. There are 405 homes for sale, with 112 new listings added as of September 2026. The gap between typical home value and median list price suggests homes are listed above current valuations. A noteworthy 15.5% of listings have already received price cuts, reflecting the softer demand environment. For sellers, this is a market where pricing strategy matters significantly.

Monthly payment

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20% · $98,504

Common questions

What people ask us.

What is the typical home value in 77007?

The typical home value is $492,518 as of September 2026, down 3.6% over the past year.

How long do homes typically stay on the market here?

The median days on market is 50 as of September 2026.

How many homes are currently for sale in 77007?

There are 405 homes for sale as of September 2026, with 112 new listings added during that month.

Discover

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