Market Intelligence · TX / Houston

Houston, TX 77016 Housing Market

The typical home value in 77016 is $157,488, down 7.1% over the past year. Homes are listed at a median price of $225,000 and spend a median 46 days on market before sale.

Updated August 2026Median value$158K

The median home value in Houston, TX 77016 is $158K as of August 2026, down 6.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 77016 range

$145K to $171K

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

-6.5% over 12 months

Typical home value in 77016 over the last 12 months: $169K in Aug 2025 to $158K in Aug 2026 (-6.5%).

Aug 2025$169K

Aug 2026$158K

The numbers

What is the 77016 housing market like?

Typical home value

$158K

Down6.5%YoY

Median list price

$225K

Down0.5%MoM

Days on market

46

Down4.2%MoM

Homes for sale

118

Up2.6%MoM

Price cuts

14.2%

Down5.1%MoM

New listings

40

Flat0.0%MoM

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

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The comparison

How do 77016 home prices compare?

  • 77016$157,945
  • Houston$248,191
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Houston: 95 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

With 118 homes currently for sale and 40 new listings as of August 2026, inventory is steady but not abundant. The median list price of $225,000 sits well above the typical home value of $157,488, suggesting many homes are priced optimistically. Days on market at 46 indicates homes are moving, but not briskly. Price cuts on 14.2% of listings reflect buyer caution in a market where values have declined. If you're considering selling, expect to negotiate.

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