Is Pasadena, TX 77505 a buyer’s or seller’s market?
Pasadena is a seller’s market. With about 2.7 months of supply and 13% 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 36% of U.S. ZIP codes, and #172 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, 13% of homes in Pasadena, TX 77505 sold above their list price, the typical home went under contract in 40 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 56 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold about as fast and the median sale price fell 2% to $322,361. Overall, Pasadena is about as competitive as it was a year ago.
Within Harris County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Pasadena ranks #172 of 868 TX ZIP codes with enough sales (score 38 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 77505
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 2.7 months of supply in Pasadena, TX 77505 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 40 days in the latest three months.
Do homes in Pasadena sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 96.8% 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 $322,361 in the three months ending August 31, 2026, about $155 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