HomeMarketCap.com

ZIP 77034 Houston, TX Housing Market

77034Houston area

Price, Rent & Competition

$223,040

$1,018

56 index

73

Supply & Market Activity

18

15

24.20%

Area profile & market context

Population

36,456

Population density

992 / sq mi

Latest market movement

Home value (MoM)

-0.49%

Inventory (MoM)

0.00%

Buyer competition (MoM)

0.00%

New listings (MoM)

+5.88%

Homes Pending (MoM)

+7.14%

Price cuts share (MoM)

-5.88%

Typical rent (YoY)

+3.02%

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: 15 · MoM: 7.14% · YoY: -

Other local market activity

  • New listings

    Value: 18 · MoM: 5.88% · YoY: 5.88%

  • Homes for sale

    Value: 73 · MoM: 0.00% · YoY: 0.00%

  • Buyer competition

    Value: 56 · MoM: 0.00% · YoY: 7.69%

  • Price cuts share

    Value: 24.20% · MoM: -5.88% · YoY: -1.42%

  • Home sales activity (metro)

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

ZIP 77034 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77034 in the Houston housing market is $223,040, with a typical rent of $1,018 per month. That puts the local home-value-to-annual-rent ratio at 18.3.

Key stats

  • ZIP 77034 is around the 35th percentile of tracked local ZIPs for home value.
  • ZIP 77034 is around the 89th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 18.3.
  • 83 homes went pending for every 100 new listings in the current reading.
  • Supply and buyer competition did not produce a clear easing or tightening split.
Typical home value
$223,040
Typical rent
$1,018
Homes for sale
73
Buyer competition
56
New listings
18
Homes going pending
15
Listings with price cuts
24.2%
Typical home value — past 12 months
Aug 25Jul 26
Down 1.5% over 12 months
Typical home value down 1.5% over the last 12 months in ZIP 77034.
Typical rent — past 12 months
Aug 25Jul 26
Up 3.5% over 12 months
Typical rent up 3.5% over the last 12 months in ZIP 77034.
Homes for sale — past 12 months
Aug 25Jul 26
Up 1.4% over 12 months
Homes for sale up 1.4% over the last 12 months in ZIP 77034.
New listings — past 12 months
Aug 25Jul 26
Up 5.9% over 12 months
New listings up 5.9% over the last 12 months in ZIP 77034.
Homes going pending — past 12 months
Feb 26Jul 26
Up 50.0% over 6 months
Homes going pending up 50.0% over the last 6 months in ZIP 77034.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 7.7% over 12 months
Buyer competition index up 7.7% over the last 12 months in ZIP 77034.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 14.6% over 12 months
Listings with price cuts down 14.6% over the last 12 months in ZIP 77034.

Price and rent in ZIP 77034

ZIP 77034 is around the 35th percentile of tracked local ZIPs for home value. ZIP 77034 is around the 3rd percentile of tracked local ZIPs for rent.

ZIP 77034 home value & rent trend (past 12 months)

Typical home value fell 1.5% over the past 12 months, from $226,344 to $223,040. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.3% in September 2025.

Typical rent rose 3.5% over the past 12 months, from $983 to $1,018. It rose in 6 of 11 monthly readings. The largest monthly gain was +3.2% in September 2025.

How ZIP 77034 compares to the metro

ZIP 77034's typical home value is 11.7% below the metro median of $252,640. ZIP 77034's typical rent is 34.3% below the metro median of $1,550. ZIP 77034's buyer competition is 19.1% above the metro median of 47.

Supply, pending activity, and competition

ZIP 77034 is around the 25th percentile of tracked local ZIPs for for-sale inventory. ZIP 77034 is around the 89th percentile of tracked local ZIPs for buyer competition. 83 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 71 and 78 — a 7-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77504, 77089, 77587, 77505.

Continue your market research

77034 Housing Market Overview FAQ

What is the typical home value in ZIP 77034?

The typical home value in ZIP 77034 is $223,040 in the latest monthly reading.

What is the typical rent in ZIP 77034?

Typical rent in ZIP 77034 is $1,018 per month.

What is the home-value-to-rent ratio in ZIP 77034?

ZIP 77034 has a home-value-to-annual-rent ratio of 18.3.

Sources and method

Explore ZIP Pages in Houston Metro