Is Pasadena, TX 77506 a buyer’s or seller’s market?
Pasadena is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 26% of U.S. ZIP codes, and #300 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 77506 sold above their list price, the typical home went under contract in 65 days and there were 4.1 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. That’s based on 39 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (49 days then) and the median sale price fell 4% to $186,419. Overall, Pasadena is about as competitive as it was a year ago.
Within Harris County, homes here sell more slowly than in 84% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Pasadena ranks #300 of 868 TX ZIP codes with enough sales (score 30 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 77506
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 balanced market: there were 4.1 months of supply in Pasadena, TX 77506 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 65 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 96.8% 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 $186,419 in the three months ending August 31, 2026, about $157 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