Is Houston, TX 77014 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Houston is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score33/ 100

More competitive than 30% of U.S. ZIP codes, and #244 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.6Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$117▼ −8.4% vs. last year

The Houston housing market right now

In the three months ending August 31, 2026, 17% of homes in Houston, TX 77014 sold above their list price, the typical home went under contract in 51 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 43 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (39 days then) and the median sale price rose 3% to $242,395. Overall, Houston is about as competitive as it was a year ago.

Within Harris County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 77%. On our competition score, Houston ranks #244 of 868 TX ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at Houston 77081 (0% sold over asking) or Houston 77076 (0% sold over asking), while Houston 77005 (31% sold over asking) and Webster 77598 (29% sold over asking) are even more competitive.

Nearby markets

Baytown 77520Buyer’s market $125 /sq ftBaytown 77521Balanced $139 /sq ftBellaire 77401Seller’s market $323 /sq ftChannelview 77530Balanced $148 /sq ft Browse all markets →

Where Houston is

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Questions about Houston real estate

Is Houston a buyer’s or seller’s market?

A balanced market: there were 5.6 months of supply in Houston, TX 77014 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Houston?

The typical home went under contract in 51 days in the latest three months.

Do homes in Houston sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.

What are property taxes in Houston?

About 1.62% of a home’s value a year in Harris County, or roughly $6,480 on a $400,000 home.

What is the median home price in Houston?

The median sale price was $242,395 in the three months ending August 31, 2026, about $117 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology