{
 "as_of": "2026-08-23",
 "updated_utc": "2026-08-23T17:19:39.047634+00:00",
 "method": {
  "vacancy": 0.08,
  "opex_ratio": 0.45,
  "price_max": 3000000,
  "sources": [
   "HAR MLS via Bridge (actives, 12 month closed sales, 12 month closed leases)",
   "Crexi open backend (5+ unit asks and stated cap rates)"
  ]
 },
 "totals": {
  "active_5plus": 56,
  "active_2_4": 445,
  "closed_12mo": 507,
  "median_stated_cap_5plus": 8.46,
  "median_price_per_door_5plus": 85511.5,
  "median_est_cap_2_4": 5.21,
  "built_2010_plus_5plus": 4,
  "built_2010_plus_2_4": 249
 },
 "zips": [
  {
   "zip": "77029",
   "area": "Northeast Houston",
   "active_5plus": 1,
   "active_2_4": 18,
   "median_ask_2_4": 359900.0,
   "median_price_per_door_5plus": null,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 5.73,
   "est_cap_n": 18,
   "apt_rent": 1650,
   "apt_rent_n": 65,
   "new_build_rent": 1699.0,
   "new_build_rent_n": 68,
   "closed_12mo": 49,
   "closed_median_ppsf": 159,
   "closed_median_dom": 69,
   "sale_to_list": 100.0,
   "median_dom_active": 2
  },
  {
   "zip": "77028",
   "area": "Northeast Houston",
   "active_5plus": 2,
   "active_2_4": 53,
   "median_ask_2_4": 415000,
   "median_price_per_door_5plus": 30312,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 5.19,
   "est_cap_n": 52,
   "apt_rent": 1700,
   "apt_rent_n": 81,
   "new_build_rent": 1750,
   "new_build_rent_n": 141,
   "closed_12mo": 65,
   "closed_median_ppsf": 165,
   "closed_median_dom": 54,
   "sale_to_list": 100.0,
   "median_dom_active": 69.5
  },
  {
   "zip": "77016",
   "area": "Northeast Houston",
   "active_5plus": 4,
   "active_2_4": 22,
   "median_ask_2_4": 427500.0,
   "median_price_per_door_5plus": 64592,
   "median_stated_cap_5plus": 8.46,
   "stated_cap_n": 1,
   "median_est_cap_2_4": 4.97,
   "est_cap_n": 19,
   "apt_rent": 1400.0,
   "apt_rent_n": 38,
   "new_build_rent": 1820,
   "new_build_rent_n": 89,
   "closed_12mo": 16,
   "closed_median_ppsf": 164,
   "closed_median_dom": 112.5,
   "sale_to_list": 100.0,
   "median_dom_active": 78.5
  },
  {
   "zip": "77051",
   "area": "South Houston",
   "active_5plus": 0,
   "active_2_4": 47,
   "median_ask_2_4": 520000,
   "median_price_per_door_5plus": null,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 4.61,
   "est_cap_n": 45,
   "apt_rent": 1800.0,
   "apt_rent_n": 66,
   "new_build_rent": 1982.5,
   "new_build_rent_n": 94,
   "closed_12mo": 88,
   "closed_median_ppsf": 174,
   "closed_median_dom": 43.0,
   "sale_to_list": 100.0,
   "median_dom_active": 42
  },
  {
   "zip": "77033",
   "area": "South Houston",
   "active_5plus": 1,
   "active_2_4": 39,
   "median_ask_2_4": 489900,
   "median_price_per_door_5plus": null,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 4.58,
   "est_cap_n": 39,
   "apt_rent": 1750,
   "apt_rent_n": 67,
   "new_build_rent": 1849,
   "new_build_rent_n": 75,
   "closed_12mo": 50,
   "closed_median_ppsf": 187,
   "closed_median_dom": 56.0,
   "sale_to_list": 100.0,
   "median_dom_active": 91.5
  },
  {
   "zip": "77021",
   "area": "Medical Center South",
   "active_5plus": 9,
   "active_2_4": 26,
   "median_ask_2_4": 499450.0,
   "median_price_per_door_5plus": 105500,
   "median_stated_cap_5plus": 8.6,
   "stated_cap_n": 3,
   "median_est_cap_2_4": 5.29,
   "est_cap_n": 24,
   "apt_rent": 1099,
   "apt_rent_n": 27,
   "new_build_rent": 2375.0,
   "new_build_rent_n": 68,
   "closed_12mo": 35,
   "closed_median_ppsf": 186,
   "closed_median_dom": 67,
   "sale_to_list": 100.0,
   "median_dom_active": 34
  },
  {
   "zip": "77011",
   "area": "East End",
   "active_5plus": 6,
   "active_2_4": 26,
   "median_ask_2_4": 294000.0,
   "median_price_per_door_5plus": 93750,
   "median_stated_cap_5plus": 5.62,
   "stated_cap_n": 2,
   "median_est_cap_2_4": 6.52,
   "est_cap_n": 18,
   "apt_rent": 1062.5,
   "apt_rent_n": 82,
   "new_build_rent": 2297.5,
   "new_build_rent_n": 26,
   "closed_12mo": 21,
   "closed_median_ppsf": 163,
   "closed_median_dom": 48,
   "sale_to_list": 98.0,
   "median_dom_active": 87.0
  },
  {
   "zip": "77023",
   "area": "East End",
   "active_5plus": 4,
   "active_2_4": 18,
   "median_ask_2_4": 470000.0,
   "median_price_per_door_5plus": 129998,
   "median_stated_cap_5plus": 7.13,
   "stated_cap_n": 2,
   "median_est_cap_2_4": 4.03,
   "est_cap_n": 15,
   "apt_rent": 1050,
   "apt_rent_n": 117,
   "new_build_rent": 2297.0,
   "new_build_rent_n": 20,
   "closed_12mo": 16,
   "closed_median_ppsf": 149,
   "closed_median_dom": 111.0,
   "sale_to_list": 96.0,
   "median_dom_active": 49
  },
  {
   "zip": "77020",
   "area": "East End",
   "active_5plus": 6,
   "active_2_4": 25,
   "median_ask_2_4": 459999,
   "median_price_per_door_5plus": 73330,
   "median_stated_cap_5plus": 10.28,
   "stated_cap_n": 2,
   "median_est_cap_2_4": 6.33,
   "est_cap_n": 18,
   "apt_rent": 1200,
   "apt_rent_n": 41,
   "new_build_rent": 2515.5,
   "new_build_rent_n": 96,
   "closed_12mo": 14,
   "closed_median_ppsf": 164,
   "closed_median_dom": 62.0,
   "sale_to_list": 99.0,
   "median_dom_active": 58
  },
  {
   "zip": "77082",
   "area": "Alief",
   "active_5plus": 0,
   "active_2_4": 9,
   "median_ask_2_4": 300000,
   "median_price_per_door_5plus": null,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 10.14,
   "est_cap_n": 8,
   "apt_rent": 1329.5,
   "apt_rent_n": 8,
   "new_build_rent": 2175.0,
   "new_build_rent_n": 10,
   "closed_12mo": 2,
   "closed_median_ppsf": 72,
   "closed_median_dom": 545.5,
   "sale_to_list": 95.0,
   "median_dom_active": 29
  },
  {
   "zip": "77072",
   "area": "Alief",
   "active_5plus": 1,
   "active_2_4": 2,
   "median_ask_2_4": 630000.0,
   "median_price_per_door_5plus": 110000,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": null,
   "est_cap_n": 0,
   "apt_rent": null,
   "apt_rent_n": 4,
   "new_build_rent": null,
   "new_build_rent_n": 3,
   "closed_12mo": 5,
   "closed_median_ppsf": 122,
   "closed_median_dom": 8,
   "sale_to_list": 94.0,
   "median_dom_active": 122.5
  },
  {
   "zip": "77088",
   "area": "Acres Homes",
   "active_5plus": 0,
   "active_2_4": 34,
   "median_ask_2_4": 442950.0,
   "median_price_per_door_5plus": null,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 4.94,
   "est_cap_n": 32,
   "apt_rent": 1700,
   "apt_rent_n": 53,
   "new_build_rent": 1800.0,
   "new_build_rent_n": 80,
   "closed_12mo": 62,
   "closed_median_ppsf": 178,
   "closed_median_dom": 64.0,
   "sale_to_list": 100.0,
   "median_dom_active": 34.0
  },
  {
   "zip": "77091",
   "area": "Acres Homes",
   "active_5plus": 2,
   "active_2_4": 19,
   "median_ask_2_4": 590000,
   "median_price_per_door_5plus": 319900,
   "median_stated_cap_5plus": 5.7,
   "stated_cap_n": 2,
   "median_est_cap_2_4": 4.73,
   "est_cap_n": 17,
   "apt_rent": 1700.0,
   "apt_rent_n": 16,
   "new_build_rent": 2300.0,
   "new_build_rent_n": 142,
   "closed_12mo": 12,
   "closed_median_ppsf": 171,
   "closed_median_dom": 95.0,
   "sale_to_list": 97.0,
   "median_dom_active": 21
  },
  {
   "zip": "77026",
   "area": "Fifth Ward / Kashmere",
   "active_5plus": 7,
   "active_2_4": 29,
   "median_ask_2_4": 400000,
   "median_price_per_door_5plus": 77273,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 5.22,
   "est_cap_n": 20,
   "apt_rent": 999.0,
   "apt_rent_n": 78,
   "new_build_rent": 2000,
   "new_build_rent_n": 47,
   "closed_12mo": 14,
   "closed_median_ppsf": 187,
   "closed_median_dom": 34.5,
   "sale_to_list": 100.0,
   "median_dom_active": 55
  },
  {
   "zip": "77004",
   "area": "Third Ward",
   "active_5plus": 11,
   "active_2_4": 48,
   "median_ask_2_4": 637450.0,
   "median_price_per_door_5plus": 59667,
   "median_stated_cap_5plus": 9.26,
   "stated_cap_n": 5,
   "median_est_cap_2_4": 4.0,
   "est_cap_n": 38,
   "apt_rent": 1200,
   "apt_rent_n": 73,
   "new_build_rent": 2800.0,
   "new_build_rent_n": 32,
   "closed_12mo": 36,
   "closed_median_ppsf": 181,
   "closed_median_dom": 87.0,
   "sale_to_list": 95.0,
   "median_dom_active": 65.5
  },
  {
   "zip": "77022",
   "area": "Independence Heights",
   "active_5plus": 0,
   "active_2_4": 19,
   "median_ask_2_4": 487500,
   "median_price_per_door_5plus": null,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 5.64,
   "est_cap_n": 16,
   "apt_rent": 1250,
   "apt_rent_n": 49,
   "new_build_rent": 2300,
   "new_build_rent_n": 89,
   "closed_12mo": 14,
   "closed_median_ppsf": 144,
   "closed_median_dom": 108.0,
   "sale_to_list": 100.0,
   "median_dom_active": 156
  },
  {
   "zip": "77093",
   "area": "Northside",
   "active_5plus": 2,
   "active_2_4": 11,
   "median_ask_2_4": 350000,
   "median_price_per_door_5plus": null,
   "median_stated_cap_5plus": null,
   "stated_cap_n": 0,
   "median_est_cap_2_4": 6.99,
   "est_cap_n": 8,
   "apt_rent": 1550,
   "apt_rent_n": 25,
   "new_build_rent": 1850.0,
   "new_build_rent_n": 54,
   "closed_12mo": 8,
   "closed_median_ppsf": 183,
   "closed_median_dom": 57.0,
   "sale_to_list": 100.0,
   "median_dom_active": 19
  }
 ]
}