Across 98 measured ZIP markets in Harris County, the median ZIP home value is $250,640 and the median ZIP rent is $1,551. 29.6% of measured ZIP markets show softer conditions. 28.6% of measured ZIP markets show rising price-cut pressure.
Key stats
- 29.6% of measured ZIP markets show softer conditions.
- 28.6% of measured ZIP markets show rising price-cut pressure.
- The middle ZIP home value is -60.7% versus the tracked-market benchmark.
- Month over month, the median ZIP market moved +1.1% on inventory and 0.0% on buyer competition.
- The middle ZIP rent is -36.4% versus the tracked-market benchmark.
- Measured ZIP markets
- 98
- Median ZIP home value
- $250,640
- Median ZIP rent
- $1,551
- Median buyer competition
- 47
Price and rent across local markets
The middle ZIP home value is -60.7% versus the tracked-market benchmark. The middle ZIP rent is -36.4% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $202,416 to $334,401. The middle half of tracked ZIP rents runs from $1,321 to $1,828. Buyer competition across local ZIP markets runs from 44 at the 25th percentile to 49 at the 75th.
How broadly conditions are changing
29.6% of measured ZIP markets show softer conditions. 28.6% of measured ZIP markets show rising price-cut pressure. 7.1% of measured ZIP markets show a recent inventory spike. Month over month, the median ZIP market moved +1.1% on inventory and 0.0% on buyer competition. 12.2% of measured ZIP markets show accelerating new-listing supply. 9.2% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is +8.7% versus the tracked-market benchmark.
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Sources and method
- HomeMarketCap.com data sources: local housing-market datasets
- HomeMarketCap.com methodology: regional aggregation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.