Is Houston, TX 77078 a buyer’s or seller’s market?
Houston is a buyer’s market. With about 8.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 40% of U.S. ZIP codes, and #134 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
The Houston housing market right now
In the three months ending August 31, 2026, 20% of homes in Houston, TX 77078 sold above their list price, the typical home went under contract in 43 days and there were 8.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 26 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (72 days then) and the median sale price rose 30% to $214,907. Overall, Houston is more competitive than a year ago, so tougher for buyers.
Within Harris County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 90%. On our competition score, Houston ranks #134 of 868 TX ZIP codes with enough sales (score 41 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.
Run the numbers for 77078
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
Find towns like Houston in other states →Where Houston is
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Questions about Houston real estate
Is Houston a buyer’s or seller’s market?
A buyer’s market: there were 8.2 months of supply in Houston, TX 77078 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 43 days in the latest three months.
Do homes in Houston sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 99.1% 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 $214,907 in the three months ending August 31, 2026, about $160 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