Market Intelligence · TX / Houston

Houston, TX 77031 Housing Market

The typical home value in Houston 77031 is $250,265, down 2.5% over the past year. The median list price stands at $269,000, with homes averaging 83 days on market as of September 2026.

Updated September 2026Median value$250K

The median home value in Houston, TX 77031 is $250K as of September 2026, down 2.5% 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 77031 range

$230K to $270K

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

-2.5% over 12 months

Sep 2025$257K

Low $250KHigh $257K

Sep 2026$250K

The numbers

What is the 77031 housing market like?

As of September 2026

Typical home value

$250K

2.5%YoY

Median list price

$269K

0.0%MoM

Days on market

0.0%MoM

Homes for sale

13.8%MoM

Price cuts

19.7%

97.3%MoM

New listings

100.0%MoM

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

The outlook

77031 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 77031 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 77031 fell 2.5%, per the Zillow Home Value Index.

Will home prices drop in 77031?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 77031 to stay roughly flat by September 2027 (up 0.1%), after a 2.5% 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 77031 home prices compare?

77031$250,265
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 77031 shows signs of softness. There are 25 homes for sale, with only 8 new listings in September 2026. Nearly one in five listings, at 19.7%, have already seen a price cut. The median days on market of 83 suggests homes are taking time to move. For sellers, this is a buyer-favorable market where pricing strategy and condition matter significantly.

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Common questions

What people ask us.

What is the typical home value in 77031?

The typical home value is $250,265, down 2.5% over the past year as of September 2026.

How long do homes stay on the market in 77031?

The median days on market is 83 as of September 2026.

How many homes are currently for sale in 77031?

There are 25 homes for sale as of September 2026, with 8 new listings in that month.

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