Houston 77023

Houston-The Woodlands-Sugar Land, TX · Harris County, TX · 7,988 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

50affordability /100

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

Payment burden
30.3%
stretched
Days on market
81
daily
Price cuts
27.2%
of active
Valuation
+55.8%
vs assessor
Look up an address
32
/100
Weak
cooling · buyer advantage · prices easing year-over-year.
Price trend
0
Affordability
65
Valuation
20
Economic health
50

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

58/ 100SellerBalancedBuyer
Balanced Market
DOM: 129d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)100
Days on Market (5%)100

Balanced market in 77023. List price is roughly fair — focus on condition and value. Payment burden: 30.4% of median income. Median days on market: 129. Renting is approximately 32% cheaper than buying (price-to-rent ratio: 15.9).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGBUYER ADVANTAGE

Market is cooling with expanding inventory. Buyers have strong negotiating leverage. Prices down 6.5% YoY.

Address lookup$99 report path

Look Up an Address in 77023

Just type the street — we'll auto-scope the search to ZIP 77023.

Actions
Export, share, or compare this ZIP
Compare
Get alerts when this market changes

Market snapshoteach number, once

Median price
$250,301
▾ 6.5% YoY
Days on market
81
daily · zip_data
Median rent
$1,314
ZORI
Investor score
51/100
cash-flow lens
Active listings
89
90-day

Valuation3 lenses, different anchors

vs assessor
+55.8%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$389,911
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$171
Price-to-income5.0×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial
How 77023 ranks in TX
percentile vs all Texas ZIPs · n=1763
Market velocity40%
Supply tightness0%
Affordability18%
Investment yield59%
Appreciation4%

Affordability, supply & momentum

22SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply32.0 mo
Days on Market81d
Inv vs History+8.7%
Listing Density8.8/1k
Affordability — payment burden
Monthly payment (P&I)$1,264
Payment burden30.3%
Median income · ZIP$50,018
Mortgage rate6.49% · 30yr
Total monthly own$1,515
Monthly rent$1,314
Market dynamics
Price cut %27.2%
Momentumcooling
LeverageBUYER ADVANTAGE
Months of supply32
Sales (90d)0
Investment analysis
Median rent$1,314
Price-to-rent15.9
Est. cap rate4.1%
Buy vs rentneutral

Livability

Walk score5
Transit score4
Bike score

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Harris County contextmacro · jobs · debt · migration

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

Unlock County Economic Data

Available with Lotvox Pro — $29/mo.

Start free trial

Nearby ZIP codes