Houston 77005

Houston-The Woodlands-Sugar Land, TX · Harris County, TX · 8,862 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

21affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
48%
severe
Days on market
22
daily
Price cuts
23.0%
of active
Valuation
-50.8%
vs assessor
Look up an address
37
/100
Weak
warming · seller slight · prices rising year-over-year.
Price trend
82
Affordability
10
Valuation
20
Economic health
21

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

73/ 100SellerBalancedBuyer
Negotiate Hard
Needs 37.5% correction for affordability
DOM: 55d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)40
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)60

Moderate buyer leverage in 77005. Room to negotiate 5-10% below list. Payment burden: 48.0% of median income. A 27% price correction needed to reach 30% affordability threshold. Median days on market: 55. Renting is approximately 454% cheaper than buying (price-to-rent ratio: 66.5).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
WARMINGSELLER SLIGHT

Market is warming with rising prices. Sellers hold a slight edge.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$1,706,721
▴ 2.6% YoY
Days on market
22
daily · zip_data
Median rent
$2,140
ZORI
Investor score
28/100
cash-flow lens
Active listings
59
90-day

Valuation3 lenses, different anchors

vs assessor
-50.8%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$839,300
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+59.7%
County-wide market — the widest, slowest signal.
Harris+59.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$468
Price-to-income7.9×

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How 77005 ranks in TX
percentile vs all Texas ZIPs · n=1763
Market velocity95%
Supply tightness72%
Affordability3%
Investment yield0%
Appreciation81%

Affordability, supply & momentum

50SUPPLY
Tight MarketSupply Tightness

Supply is below normal — sellers are favored but buyers still have options.

Months of Supply12.7 mo
Days on Market22d
Inv vs History-16.8%
Listing Density5.9/1k
Affordability — payment burden
Monthly payment (P&I)$8,621
Payment burden48%
Median income · ZIP$215,708
Mortgage rate6.49% · 30yr
Total monthly own$10,328
Monthly rent$2,140
Market dynamics
Price cut %23.0%
Momentumwarming
LeverageSELLER SLIGHT
Months of supply12.7
Sales (90d)0
Investment analysis
Median rent$2,140
Price-to-rent66.5
Est. cap rate1.0%
Buy vs rentfavors renting

Livability

Walk score16
Transit score2
Bike score

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Harris County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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