ZIP 77032 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77032 in the Houston housing market is $189,034, with a typical rent of $1,415 per month. That puts the local home-value-to-annual-rent ratio at 11.1.
Key stats
- ZIP 77032 is around the 16th percentile of tracked local ZIPs for home value.
- ZIP 77032 is around the 57th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 11.1.
- Supply increased while buyer competition eased.
- ZIP 77032's typical home value is 25.2% below the metro median of $252,640.
- Typical home value
- $189,034
- Typical rent
- $1,415
- Homes for sale
- 17
- Buyer competition
- 48
- New listings
- 5
- Listings with price cuts
- 17.1%
Price and rent in ZIP 77032
ZIP 77032 is around the 16th percentile of tracked local ZIPs for home value. ZIP 77032 is around the 33rd percentile of tracked local ZIPs for rent.
ZIP 77032 home value & rent trend (past 12 months)
Typical home value fell 2.0% over the past 12 months, from $192,893 to $189,034. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.2% in January 2026.
Typical rent rose 3.6% over the past 12 months, from $1,366 to $1,415. It rose in 8 of 11 monthly readings. The largest monthly gain was +4.8% in September 2025.
How ZIP 77032 compares to the metro
ZIP 77032's typical home value is 25.2% below the metro median of $252,640. ZIP 77032's typical rent is 8.7% below the metro median of $1,550. ZIP 77032's buyer competition is 2.1% above the metro median of 47.
Supply, pending activity, and competition
ZIP 77032 is around the 1st percentile of tracked local ZIPs for for-sale inventory. ZIP 77032 is around the 57th percentile of tracked local ZIPs for buyer competition. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 11 and 17 — a 6-point spread across 96 comparable tracked ZIPs. Inventory has moved rising in each of the latest three available monthly readings.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77073, 77338, 77039, 77060.
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 77032 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77032 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77032 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77073 housing marketReview a nearby local market with the same core measures.
- ZIP 77338 housing marketReview a nearby local market with the same core measures.
- ZIP 77039 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77032 Housing Market Overview FAQ
What is the typical home value in ZIP 77032?
The typical home value in ZIP 77032 is $189,034 in the latest monthly reading.
What is the typical rent in ZIP 77032?
Typical rent in ZIP 77032 is $1,415 per month.
What is the home-value-to-rent ratio in ZIP 77032?
ZIP 77032 has a home-value-to-annual-rent ratio of 11.1.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules