Markets  ›  TX  ›  Houston  ›  77002

77002 · Houston, TX

Real estate market intelligence for zip 77002 in Houston, TX. Median sale price, year-over-year change, and a Redfin vs. Zillow price check.

Headline

Median sale price

Aug 2026

$273K

+29.9% year-over-year

How it’s calculated

Rolling 3-month median sale price vs. same 3 months one year prior.

Mortgage rate

Oct 14, 2026

7.38%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$1,507/mo

$65K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

Price reconciliation

red · 33.6pp

Redfin

+29.9%

Zillow ZHVI

-3.7%

Spread shows divergence across Redfin and Zillow Research (ZHVI) year-over-year reads. Wider spreads signal regimes where sources disagree — useful when citing a number to a client.

Source: Redfin Data Center · Zillow Research

Recent signals

No zip-specific signals flagged for 77002 right now.

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