Is Houston, TX 77040 a buyer’s or seller’s market?
Houston is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score29/ 100
More competitive than 25% of U.S. ZIP codes, and #315 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply4.1Under 4 months = seller’s market
Sold above original list9.1%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$152▲ +3.1% vs. last year
Run the numbers for 77040
Nearby markets
Baytown 77520Buyer’s market $125 /sq ftBaytown 77521Balanced $139 /sq ftBellaire 77401Seller’s market $323 /sq ftChannelview 77530Balanced $148 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology