Market Intelligence · TX / Houston

Houston, TX 77047 Housing Market

The typical home value in Houston 77047 is $248,213, down 1.9% over the past year. Homes are listing at a median of $279,499 and taking 59 days to sell, reflecting a market that has cooled compared to prior years.

Updated September 2026Median value$248K

The median home value in Houston, TX 77047 is $248K as of September 2026, down 1.9% 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 77047 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

-1.9% over 12 months

Sep 2025$253K

Low $248KHigh $253K

Sep 2026$248K

The numbers

What is the 77047 housing market like?

As of September 2026

Typical home value

$248K

1.9%YoY

Median list price

$279K

0.2%MoM

Days on market

13.5%MoM

Homes for sale

161

1.3%MoM

Price cuts

19.5%

21.2%MoM

New listings

11.1%MoM

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

The outlook

77047 housing market forecast 2027

+0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 77047 to stay roughly flat by September 2027 (up 0.3%).

Over the 12 months through September 2026, typical home values in 77047 fell 1.9%, per the Zillow Home Value Index.

Will home prices drop in 77047?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 77047 to stay roughly flat by September 2027 (up 0.3%), after a 1.9% 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 77047 home prices compare?

77047$248,213
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

There are 161 homes for sale in this Houston ZIP as of September 2026, with 32 new listings entering the market. The median asking price sits at $279,499, while homes are spending 59 days on the market before sale. A notable 19.5% of current listings have already seen a price reduction. For sellers, these conditions suggest it is worth pricing competitively from the start rather than expecting rapid offers at peak pricing.

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Down payment20% · $49,643

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Common questions

What people ask us.

What is the typical home value in 77047?

The typical home value is $248,213, down 1.9% over the past year as of September 2026.

How long does it take to sell a home in 77047?

The median time on market is 59 days as of September 2026.

What is the median list price in 77047?

The median list price is $279,499 as of September 2026.

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