Is Pasadena, TX 77503 a buyer’s or seller’s market?
Pasadena is a seller’s market. With about 2.8 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 49% of U.S. ZIP codes, and #61 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 Pasadena housing market right now
In the three months ending August 31, 2026, 18% of homes in Pasadena, TX 77503 sold above their list price, the typical home went under contract in 16 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 40 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold faster (29 days then) and the median sale price held steady to $224,903. Overall, Pasadena is more competitive than a year ago, so tougher for buyers.
Within Harris County, homes here sell faster than in 98% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Pasadena ranks #61 of 868 TX ZIP codes with enough sales (score 48 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 77503
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 Pasadena nearby
Find towns like Pasadena in other states →Where Pasadena is
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Questions about Pasadena real estate
Is Pasadena a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Pasadena, TX 77503 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 Pasadena?
The typical home went under contract in 16 days in the latest three months.
Do homes in Pasadena sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Pasadena?
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 Pasadena?
The median sale price was $224,903 in the three months ending August 31, 2026, about $144 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