Houston ZIP 77005 Market Report - Prices and Inventory

In ZIP code 77005, the median sold price over the trailing 12 months is $1,700,000, with 69 homes currently active and a median of just 12 days on market for sold listings. For buyers and sellers navigating this high-value Houston pocket, the numbers tell a nuanced story worth unpacking.

Houston's 77005 ZIP code — anchoring the West University Place and Southampton neighborhoods — sits firmly in luxury territory. The figures below come directly from MLS data scoped to this ZIP, covering active inventory and a 12-month sold window.

The numbers for 77005

• ·Active listings: 69 homes currently on the market
• ·New listings (last 30 days): 28 homes came to market recently
• ·Closed sales (last 30 days): 2 sales closed in the past month
• ·Closed sales (trailing 12 months): 262 sales closed over the full year
• ·Median list price: $1,499,900 (average list: about $1,940,000)
• ·Median sold price (12 months): $1,700,000 (average sold: about $1,781,000)
• ·Days on market — how long a typical listing takes to sell: median 12 days; average 37 days

One detail worth pausing on: the median sold price of $1,700,000 sits noticeably above the median list price of $1,499,900. That gap suggests that homes priced at the higher end of the range are transacting regularly, pulling the sold median above the list median — though these are separate pools measured at different moments, so the comparison carries an inherent caveat.

The spread between the median days on market (12 days) and the average (37 days) is also meaningful. A median of 12 suggests that a solid share of listings go under contract quickly, while a smaller number of homes sit considerably longer, pulling the average up.

What it means for buyers

With 69 active listings and 28 new listings added in just the last 30 days, there is meaningful selection available right now in 77005. That said, a median of 12 days on market for sold properties suggests that well-priced homes in this ZIP can move fast. Buyers entering this price range — starting near $1,500,000 — may want to be prepared to act without a lot of deliberation on listings that fit their criteria, while being patient on those that linger, which the average DOM of 37 days indicates do exist.

At this price point, the gap between list and sold medians also suggests it may be worth paying close attention to individual pricing history on any given property rather than assuming all homes close above ask.

What it means for sellers

Only 2 closed sales were recorded in the past 30 days against 69 active listings — a ratio that implies meaningful competition among sellers in the near term. With 262 closings over the trailing 12 months, demand exists, but it is not evenly distributed across any given month. Sellers whose homes align with what buyers are seeking in 77005 appear to transact relatively quickly given the 12-day median, while others may face a longer wait. Pricing strategy matters here: the average list price of about $1,940,000 versus the average sold price of about $1,781,000 implies that homes priced toward the top of the range do not always achieve full ask.

Context and caveats

All figures are scoped strictly to ZIP code 77005 in Houston, TX. List-price data reflects currently active inventory; sold-price and days-on-market figures cover the trailing 12-month closed period. The last-30-day closed count of 2 is a very small sample and should not be used on its own to characterize broader demand — the 12-month figure of 262 closings provides the more reliable demand signal.

If you would like a personalized look at how these numbers apply to a specific address or price point in 77005, reach out for a tailored market consultation — no pressure, just the data you need to make a confident decision.