Market Intelligence · TX / Houston

Houston, TX 77048 Housing Market

The typical home in Houston's 77048 ZIP code is worth $221,279, down 1.5% over the past year. The median list price sits at $264,775, and homes are taking a median of 43 days on market to sell as of June 1, 2026.

Updated June 2026Median value$221K

The median home value in Houston, TX 77048 is $221K as of June 2026, down 1.5% 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 77048 range

$204K to $239K

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

-1.5% over 12 months

Typical home value in 77048 over the last 12 months: $225K in Jun 2025 to $221K in Jun 2026 (-1.5%).

Jun 2025$225K

Jun 2026$221K

The numbers

What is the 77048 housing market like?

Typical home value

$221K

Down1.5%YoY

Median list price

$265K

Days on market

43

Up22.9%MoM

Homes for sale

104

Price cuts

20.7%

New listings

42

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 77048 home prices compare?

  • 77048$221,279
  • Houston$251,938
  • Texas$263,300
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Houston: 95 ZIPs; Texas: 1,512 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 104 homes for sale in 77048, with 42 new listings added recently. The typical home value of $221,279 has slipped 1.5% over the past year, while the median list price is $264,775. About 20.7% of listings have taken a price cut, and the median time on market is 43 days. For sellers, this points to a market where pricing carefully from the start matters more than testing a high number.

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