Is Houston, TX 77081 a buyer’s or seller’s market?
Houston is a buyer’s market. With about 9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Houston housing market right now
In the three months ending August 31, 2026, 0% of homes in Houston, TX 77081 sold above their list price, the typical home went under contract in 45 days and there were 9 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 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold more slowly (31 days then) and the median sale price fell 42% to $242,145. Overall, Houston is less competitive than a year ago, which gives buyers more room.
Within Harris County, homes here sell more slowly than in 54% 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 77081
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 buyer’s market: there were 9 months of supply in Houston, TX 77081 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 45 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 92.9% 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 $242,145 in the three months ending August 31, 2026, about $164 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