The story of this market
The typical home in ZIP 77045 sells for about $198,450, or $163 per square foot.
Prices are down 20.9% from a year ago, which gives buyers more room to negotiate. Homes take about 76 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 77045 — Houston
The 77045 housing market is experiencing significant downward pressure with a 20.9% year-over-year decline in median sale price to $198,450. Sales volume has decreased by 28% compared to the previous year, and homes are remaining on the market for longer periods. Several metrics, including rent, tax rates, and specific school or development data, are not currently published at the ZIP level.
Median prices moved down 20.9% year over year.
Homes spend a median of 76 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 77045, Harris County TX
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Data sourced from US Census Bureau and ACS via UnitedStatesZipCodes.org and Repit.org
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.