Houston 77048

Houston-The Woodlands-Sugar Land, TX · Harris County, TX · 11,476 properties · updated 7/26/2026

Should you buy here?buyer-timing lens

60affordability /100

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

Payment burden

25%

affordable

Days on market

daily

Price cuts

23.8%

of active

Valuation

-31.1%

vs assessor

Look up an address

/100

Mixed

stable · balanced · prices easing year-over-year.

Price trend

Affordability

Valuation

Economic health

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

Seller's Market

DOM: 72d (stable) · Market Dynamics rolling median · hourly

Score Components

Payment Burden (25%)0

Valuation Gap (25%)40

Supply & Demand (20%)100

Buy vs Rent (15%)0

Cancellation Rate (10%)25

Days on Market (5%)75

Seller-favored market in 77048. Expect to pay at or near list price. Payment burden: 24.6% of median income. Median days on market: 72.

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.

STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers. Prices down 1.7% YoY.

Address lookup$99 report path

Look Up an Address in 77048

Just type the street — we'll auto-scope the search to ZIP 77048.

Actions

Export, share, or compare this ZIP

Compare

Share & embed

free · county-record data · links back here

X LinkedIn Facebook Email Share card

Embed this market card on your site

<iframe src="https://lotvox.com/embed/zip/77048" width="100%" height="300" style="border:0;border-radius:12px;overflow:hidden;max-width:640px" loading="lazy" title="Houston 77048 — Lotvox market card"></iframe>
<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/houston/zip/77048?utm_source=embed&utm_medium=backlink">Houston 77048 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$220,343

▾ 1.7% YoY

Days on market

daily · zip_data

Median rent

$1,874

ZORI

Investor score

81/100

cash-flow lens

Active listings

110

90-day

Valuation3 lenses, different anchors

vs assessor

-31.1%

Market vs assessed value — a tax-roll lag, not a deal signal.

Avg assessor$151,830

county CAMA · properties_v

vs income

—

Fair-value model not available for this market.

fair_value_scores · 10-state coverage

vs county comps

+58.8%

County-wide market — the widest, slowest signal.

Harris+58.8%

Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.

Pricing detail

Price / sqft$133

Price-to-income4.0×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial

How 77048 ranks in TX

percentile vs all Texas ZIPs · n=1763

Market velocity86%

Supply tightness56%

Affordability38%

Investment yield92%

Appreciation33%

Affordability, supply & momentum

33SUPPLY

BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply17.7 mo

Days on Market35d

Inv vs History+6.9%

Listing Density15.5/1k

Affordability — payment burden

Monthly payment (P&I)$1,139

Payment burden25%

Median income · ZIP$54,625

Mortgage rate6.71% · 30yr

Total monthly own$1,359

Monthly rent$1,874

Market dynamics

Price cut %23.8%

Momentumstable

LeverageBALANCED

Months of supply17.7

Sales (90d)0

Investment analysis

Median rent$1,874

Price-to-rent10.3

Est. cap rate6.3%

Buy vs rentfavors buying

Livability

Walk score16

Transit score8

Bike score—

Historical trends

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Price bandsmix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Harris.

Current tiers · 12 months to Aug 25floor 10 sales/tier

7 tiers had too few sales at every level and are left blank rather than estimated.

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$250k–$500k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$500k–$750k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$750k–$1M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$1M–$1.5M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$1.5M–$2M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$2M+	—	—	—	—	fewer than 10 sales at zip, county and metro level
All sales (the headline median)	$443k	$195	10	100%	COUNTY · Harris, TX

No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.

National context — not local

NAR's aggregate existing-home median for the United States and the South census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 77048.

United States
South

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

Unlock Price Bands

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.

ZIP 77048→Harris County, TX

12-Month Direction

-10Stable

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

44· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Payment Burden60

23.8%

affordable

Source: Lotvox · Updated 2026-05-15

Buy vs Rent49

1.266x

rent advantage

Source: Lotvox · Updated 2026-05-15

Valuation11

+58.8%

overvalued

Source: Lotvox comps · Updated 2026-05-15