Home ValuePros

Market Intelligence · TX / Houston

Houston, TX 77023 Housing Market

The typical home value in Houston 77023 is $249,636, down 6.6% over the past year. Homes for sale are priced at a median list price of $350,000 and spend a median of 47 days on market.

Updated August 2026Median value$248K

The median home value in Houston, TX 77023 is $248K as of August 2026, down 5.7% 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 77023 range

$228K to $268K

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

-5.7% over 12 months

Typical home value in 77023 over the last 12 months: $263K in Aug 2025 to $248K in Aug 2026 (-5.7%).

Aug 2025$263K

Aug 2026$248K

The numbers

What is the 77023 housing market like?

Typical home value

$248K

Down5.7%YoY

Median list price

$350K

Up1.6%MoM

Days on market

47

Down9.6%MoM

Homes for sale

86

Up1.2%MoM

Price cuts

21.1%

Up50.6%MoM

New listings

16

Down27.3%MoM

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

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The comparison

How do 77023 home prices compare?

  • 77023$248,191
  • 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

Houston 77023 has 86 homes currently for sale, with 16 new listings as of early August 2026. The median list price stands at $350,000, while properties typically spend 47 days on market before selling. About 21.1% of active listings have seen price reductions. The year-over-year decline in home values suggests this is a buyer's market, and sellers should be realistic about pricing and timing expectations.

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