ZIP 77003 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77003 in the Houston housing market is $352,277, with a typical rent of $1,922 per month. That puts the local home-value-to-annual-rent ratio at 15.3.
Key stats
- ZIP 77003 is around the 78th percentile of tracked local ZIPs for home value.
- ZIP 77003 is around the 1st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 15.3.
- 67 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $352,277
- Typical rent
- $1,922
- Homes for sale
- 133
- Buyer competition
- 38
- New listings
- 21
- Homes going pending
- 14
- Listings with price cuts
- 25.0%
Price and rent in ZIP 77003
ZIP 77003 is around the 78th percentile of tracked local ZIPs for home value. ZIP 77003 is around the 92nd percentile of tracked local ZIPs for rent.
ZIP 77003 home value & rent trend (past 12 months)
Typical home value fell 3.9% over the past 12 months, from $366,486 to $352,277. It rose in 0 of 11 monthly readings.
Typical rent fell 0.2% over the past 12 months, from $1,926 to $1,922. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.1% in April 2026.
How ZIP 77003 compares to the metro
ZIP 77003's typical home value is 39.4% above the metro median of $252,640. ZIP 77003's typical rent is 24.0% above the metro median of $1,550. ZIP 77003's buyer competition is 19.1% below the metro median of 47.
Supply, pending activity, and competition
ZIP 77003 is around the 56th percentile of tracked local ZIPs for for-sale inventory. ZIP 77003 is around the 1st percentile of tracked local ZIPs for buyer competition. 67 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 106 and 133 — a 27-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77010, 77002, 77004, 77204.
Continue your market research
- Is Houston Housing Market Cooling?Read the related local market analysis.
- Is Houston a Buyer's Market?Read the related local market analysis.
- Compare 77003 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77003 vs 77004Compare this market with another tracked ZIP or peer group.
- Compare 77003 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77010 housing marketReview a nearby local market with the same core measures.
- ZIP 77002 housing marketReview a nearby local market with the same core measures.
- ZIP 77004 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77003 Housing Market Overview FAQ
What is the typical home value in ZIP 77003?
The typical home value in ZIP 77003 is $352,277 in the latest monthly reading.
What is the typical rent in ZIP 77003?
Typical rent in ZIP 77003 is $1,922 per month.
What is the home-value-to-rent ratio in ZIP 77003?
ZIP 77003 has a home-value-to-annual-rent ratio of 15.3.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules