HomeMarketCap.com

ZIP 77028 Houston, TX Housing Market

77028Houston area

Price, Rent & Competition

$159,371

$1,611

46 index

92

Supply & Market Activity

14

8

20.32%

Area profile & market context

Population

19,109

Population density

810 / sq mi

Latest market movement

Home value (MoM)

-0.51%

Inventory (MoM)

+2.22%

Buyer competition (MoM)

-11.54%

New listings (MoM)

-6.67%

Homes Pending (MoM)

+14.29%

Price cuts share (MoM)

+3.34%

Typical rent (YoY)

-1.04%

How quickly homes are selling

Selling faster

Homes appear to be going under contract faster in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 8 · MoM: 14.29% · YoY: -

Other local market activity

  • New listings

    Value: 14 · MoM: -6.67% · YoY: -36.36%

  • Homes for sale

    Value: 92 · MoM: 2.22% · YoY: -1.08%

  • Buyer competition

    Value: 46 · MoM: -11.54% · YoY: -40.26%

  • Price cuts share

    Value: 20.32% · MoM: 3.34% · YoY: -18.21%

  • Home sales activity (metro)

    Value: 6,512 · MoM: -3.74% · YoY: 3.86%

ZIP 77028 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77028 in the Houston housing market is $159,371, with a typical rent of $1,611 per month. That puts the local home-value-to-annual-rent ratio at 8.2.

Key stats

  • ZIP 77028 is around the 5th percentile of tracked local ZIPs for home value.
  • ZIP 77028 is around the 40th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 8.2.
  • 57 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$159,371
Typical rent
$1,611
Homes for sale
92
Buyer competition
46
New listings
14
Homes going pending
8
Listings with price cuts
20.3%
Typical home value — past 12 months
Aug 25Jul 26
Down 3.6% over 12 months
Typical home value down 3.6% over the last 12 months in ZIP 77028.
Typical rent — past 12 months
Aug 25Jul 26
Down 0.4% over 12 months
Typical rent down 0.4% over the last 12 months in ZIP 77028.
Homes for sale — past 12 months
Aug 25Jul 26
Down 1.1% over 12 months
Homes for sale down 1.1% over the last 12 months in ZIP 77028.
New listings — past 12 months
Aug 25Jul 26
Down 33.3% over 12 months
New listings down 33.3% over the last 12 months in ZIP 77028.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 43.2% over 12 months
Buyer competition index down 43.2% over the last 12 months in ZIP 77028.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 11.1% over 12 months
Listings with price cuts down 11.1% over the last 12 months in ZIP 77028.

Price and rent in ZIP 77028

ZIP 77028 is around the 5th percentile of tracked local ZIPs for home value. ZIP 77028 is around the 55th percentile of tracked local ZIPs for rent.

ZIP 77028 home value & rent trend (past 12 months)

Typical home value fell 3.6% over the past 12 months, from $165,304 to $159,371. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.8% in February 2026.

Typical rent fell 0.4% over the past 12 months, from $1,618 to $1,611. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.1% in February 2026.

How ZIP 77028 compares to the metro

ZIP 77028's typical home value is 36.9% below the metro median of $252,640. ZIP 77028's typical rent is 3.9% above the metro median of $1,550. ZIP 77028's buyer competition is 2.1% below the metro median of 47.

Supply, pending activity, and competition

ZIP 77028 is around the 33rd percentile of tracked local ZIPs for for-sale inventory. ZIP 77028 is around the 40th percentile of tracked local ZIPs for buyer competition. 57 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 89 and 93 — a 4-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77026, 77016, 77078, 77013.

Continue your market research

77028 Housing Market Overview FAQ

What is the typical home value in ZIP 77028?

The typical home value in ZIP 77028 is $159,371 in the latest monthly reading.

What is the typical rent in ZIP 77028?

Typical rent in ZIP 77028 is $1,611 per month.

What is the home-value-to-rent ratio in ZIP 77028?

ZIP 77028 has a home-value-to-annual-rent ratio of 8.2.

Sources and method

Explore ZIP Pages in Houston Metro