77023 Housing Market Report February 2025•Harris County, Texas

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Housing Prices in 77023, TX

How much do homes in 77023, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$365,000$215/SqFt
+$35,010
+10.6%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 77023 has increased by 10.6% since last year.

Summary: The median home list price in 77023 was $365,000 in February 2025, up 10.6% from the previous year, and the median price per square foot was $215.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
77023
+10.6%
77011
+8.4%
77003
+2.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$305K$424.2K
+39.1%
2$269.5K$305.9K
+13.5%
3$355K$359K
+1.1%
4$405.8K$434.9K
+7.2%
5$354.9K$429.9K
+21.1%

Summary: 77023 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +39.1%. The home price for 2 bedroom homes increased by +13.5%. The home price for 3 bedroom homes increased by +1.1%. The home price for 4 bedroom homes increased by +7.2%. The home price for 5 bedroom homes increased by +21.1%.

Housing supply in 77023, TX

How many homes are available in 77023, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
108Last MonthFeb 2025
822 months agoJan 2025
+31.7 %
Change MoMJan – Feb

Summary: The 77023 real estate market had 108 homes for sale in Feb 2025, a 31.7 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
155
0.0%
33345
+36.4%
41418
+28.6%
577
0.0%
22333
+43.5%

Summary: 77023 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +36.4%. The inventory for 4 bedroom homes increased by +28.6%. The inventory for 5 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +43.5%.

Asking Price vs. Sold Price

How much do homes in 77023, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in 77023, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 77023 in February 2025, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for 77023, TX

How long does it take to sell a home in 77023, TX?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in 77023 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 2 homes were sold in 77023; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
93 DaysThis YearFeb 2025
125 Days1 year agoFeb 2024
-25.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 77023 had an average listing age of 93 days in Feb 2025, down by 25.9% compared to the previous year.

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Newest Listings in 77023, TX

What homes are available in 77023, TX?

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MLS Disclaimers and Copyright

Based on information from Houston REALTORS® Information Service, for the period 03/01/2023 - 03/01/2025

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/3/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.