Market Intelligence · TX / Houston

Houston, TX 77048 Housing Market

Homes in Houston, TX 77048 typically cost $215,912, down 1.8% over the past year. The median list price is $257,995, with homes spending 46 days on the market before sale.

Updated September 2026Median value$216K

The median home value in Houston, TX 77048 is $216K as of September 2026, down 1.8% 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 77048 range

$199K to $233K

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

-1.8% over 12 months

Sep 2025$220K

Low $216KHigh $221K

Sep 2026$216K

The numbers

What is the 77048 housing market like?

As of September 2026

Typical home value

$216K

1.8%YoY

Median list price

$258K

0.8%MoM

Days on market

11.5%MoM

Homes for sale

8.3%MoM

Price cuts

13.4%

38.9%MoM

New listings

16.7%MoM

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

The outlook

77048 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 77048 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 77048 fell 1.8%, per the Zillow Home Value Index.

Will home prices drop in 77048?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 77048 to stay roughly flat by September 2027 (up 0.2%), after a 1.8% 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 77048 home prices compare?

77048$215,912
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

As of September 2026, 99 homes were for sale in this ZIP, with 20 new listings entering the market. The median list price of $257,995 sits above the typical home value of $215,912, a gap that may reflect a mix of property types and conditions. Homes are taking 46 days to sell on average. A year of declining values and 13.4% of listings carrying price cuts suggest a market favoring buyers who can wait and negotiate.

Monthly payment

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Home price

Down payment20% · $43,182

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Common questions

What people ask us.

What is the typical home value in 77048?

The typical home value in this ZIP is $215,912, reflecting a decline of 1.8% over the past year.

How many homes are currently for sale in 77048?

There are 99 homes for sale as of September 2026, with 20 new listings added recently.

How long do homes take to sell in 77048?

The median time on market is 46 days, indicating steady but not brisk movement.

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