Is Houston, TX 77050 a buyer’s or seller’s market?
Houston is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Houston housing market right now
In the three months ending August 31, 2026, 0% of homes in Houston, TX 77050 sold above their list price, the typical home went under contract in 32 days and there were 4 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. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (48 days then) and the median sale price fell 18% to $157,432. Overall, Houston is more competitive than a year ago, so tougher for buyers.
Within Harris County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Houston 77005 (31% sold over asking) and Webster 77598 (29% sold over asking) are even more competitive.
Run the numbers for 77050
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 →Towns like Houston nearby
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Questions about Houston real estate
Is Houston a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Houston, TX 77050 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 32 days in the latest three months.
Do homes in Houston sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.6% 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 $157,432 in the three months ending August 31, 2026, about $86 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