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HOUSTON, TX 77016

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

Neighborhoods in ZIP 77016

Armstrong Place · Barclay Place · Calgary Woods · East Little York (Homestead) · East Little York / Homestead · Edgeworth Place · Fontaine Place · Mount Houston · North Shadydale · Scenic Woods · Scenic Woods Plaza · Shady Timbers · Trinity (Houston Gardens)

Market Analysis

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

The HOUSTON, TX real estate market (77016) currently shows 182 active listings, with 49 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 39 days on market compared to 33 days last year.

The median listing price has fallen 8.3% year-over-year, from $249,900 to $229,225.

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: 29,376  ·  Density: 1,144.6/mi²  ·  Median household income: $42,186

Typical home value: $100,805  ·  Homeownership: 63.5%

Market Overview

Active Listings
182
⇩ 6.2% vs 194 last year
Pending
49
27% pending ratio
Median Price
$229,225
⇩ 8.3% vs $249,900 last year
Average Price
$224,966
⇩ 7.8% vs $244,063 last year
Days on Market
39
⇧ 18.2% vs 33 days last year

Price Per Square Foot

Median $/sqft
$151
⇩ 11.7% vs $171/sqft last year
Median Home Size
1,448 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 182 this year vs 194 last year
  • Days on market: 39 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $229,225 (-8.3% YoY)
  • Average: $224,966 (-7.8% 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 8.4 miles — 1,689 listings ($649,081,318 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
77016Houston, TX 770160.0 mi186$41,786,946$227,250$224,661
77028Houston, TX 770282.7 mi120$25,883,880$209,750$215,699
77050Houston, TX 770503.4 mi4$979,932$249,950$244,983
77026Houston, TX 770264.6 mi160$40,703,680$233,725$254,398
77022Houston, TX 770225.1 mi131$43,596,931$329,900$332,801
77037Houston, TX 770376.1 mi21$6,277,236$242,500$298,916
77396Humble, TX 773966.4 mi157$55,939,728$300,000$356,304
77029Houston, TX 770297.1 mi75$14,859,750$199,000$198,130
77060Houston, TX 770607.8 mi53$11,691,429$232,150$220,593
77018Houston, TX 770187.9 mi319$259,364,864$497,133$813,056
77011Houston, TX 770118.2 mi62$18,841,118$325,500$303,889
77010Houston, TX 770108.3 mi3$1,323,000$448,000$441,000
77091Houston, TX 770918.4 mi398$127,832,824$339,900$321,188

Frequently Asked Questions

How many homes are for sale in HOUSTON, TX 77016?

As of March 2026, there are 182 active listings in HOUSTON, TX (zip code 77016), compared to 194 the prior year.

What is the median home price in HOUSTON, TX 77016?

The median listing price in HOUSTON, TX 77016 is $229,225 as of March 2026, a 8.3% decrease from $249,900 the prior year.

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

Homes in HOUSTON, TX 77016 spend an average of 39 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in HOUSTON, TX 77016?

Based on current inventory and days-on-market data as of March 2026, HOUSTON, TX 77016 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 39 days on market compared to 33 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 77016 save an estimated $4,585 compared to a typical 5% commission on the median listing price of $229,225. 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.