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Downtown Midtown

HOUSTON, TX 77002

Real Estate Market Report  ·  Harris County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 77002

Downtown · Midtown

Market Analysis

Data as of February 2026. Source: Realtor.com.

The HOUSTON, TX real estate market (77002) currently shows 74 active listings, with 5 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55 days on market compared to 62 days last year.

The median listing price has fallen 4.9% year-over-year, from $311,250 to $296,125.

Whether you are buying or selling in HOUSTON, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 18,800  ·  Density: 3,685.2/mi²  ·  Median household income: $78,292

Typical home value: $294,019  ·  Homeownership: 10.1%

Market Overview

Active Listings
74
⇧ 10.4% vs 67 last year
Pending
5
7% pending ratio
Median Price
$296,125
⇩ 4.9% vs $311,250 last year
Average Price
$339,262
⇩ 10.5% vs $379,076 last year
Days on Market
55
⇩ 11.3% vs 62 days last year

Price Per Square Foot

Median $/sqft
$236
⇩ 0.4% vs $237/sqft last year
Median Home Size
1,170 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 74 this year vs 67 last year
  • Days on market: 55 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $296,125 (-4.9% YoY)
  • Average: $339,262 (-10.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.1 miles — 1,667 listings ($1,169,124,400 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
77002Houston, TX 770020.0 mi69$23,499,123$320,000$340,567
77003Houston, TX 770031.3 mi126$54,123,804$400,000$429,554
77004Houston, TX 770042.2 mi244$111,238,868$423,450$455,897
77019Houston, TX 770192.8 mi151$343,487,250$1,079,000$2,274,750
77098Houston, TX 770983.3 mi82$88,484,478$875,000$1,079,079
77011Houston, TX 770113.6 mi62$18,852,340$309,250$304,070
77026Houston, TX 770263.7 mi159$41,497,569$239,900$260,991
77030Houston, TX 770304.1 mi96$62,347,104$224,500$649,449
77046Houston, TX 770464.3 mi20$7,161,760$348,500$358,088
77027Houston, TX 770275.0 mi112$129,914,512$674,500$1,159,951
77054Houston, TX 770545.7 mi176$31,891,552$145,000$181,202
77018Houston, TX 770186.1 mi300$242,300,400$499,000$807,668
77029Houston, TX 770296.1 mi70$14,325,640$199,999$204,652

Frequently Asked Questions

How many homes are for sale in HOUSTON, TX 77002?

As of February 2026, there are 74 active listings in HOUSTON, TX (zip code 77002), compared to 67 the prior year.

What is the median home price in HOUSTON, TX 77002?

The median listing price in HOUSTON, TX 77002 is $296,125 as of February 2026, a 4.9% decrease from $311,250 the prior year.

How long do homes stay on the market in HOUSTON, TX?

Homes in HOUSTON, TX 77002 spend an average of 55 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in HOUSTON, TX 77002?

Based on current inventory and days-on-market data as of February 2026, HOUSTON, TX 77002 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 62 days last year.

How much can I save on real estate commission in HOUSTON, TX?

With SELL123.com's maximum 3% commission, sellers in HOUSTON, TX 77002 save an estimated $5,923 compared to a typical 5% commission on the median listing price of $296,125. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.