ZIP 77042 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77042 in the Houston housing market is $271,543, with a typical rent of $1,266 per month. That puts the local home-value-to-annual-rent ratio at 17.9.
Key stats
- ZIP 77042 is around the 60th percentile of tracked local ZIPs for home value.
- ZIP 77042 is around the 27th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 17.9.
- 58 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
- $271,543
- Typical rent
- $1,266
- Homes for sale
- 221
- Buyer competition
- 45
- New listings
- 45
- Homes going pending
- 26
- Listings with price cuts
- 26.9%
Price and rent in ZIP 77042
ZIP 77042 is around the 60th percentile of tracked local ZIPs for home value. ZIP 77042 is around the 17th percentile of tracked local ZIPs for rent.
ZIP 77042 home value & rent trend (past 12 months)
Typical home value fell 3.1% over the past 12 months, from $280,188 to $271,543. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.1% in June 2026.
Typical rent fell 1.0% over the past 12 months, from $1,278 to $1,266. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.7% in March 2026.
How ZIP 77042 compares to the metro
ZIP 77042's typical home value is 7.5% above the metro median of $252,640. ZIP 77042's typical rent is 18.4% below the metro median of $1,550. ZIP 77042's buyer competition is 4.3% below the metro median of 47.
How fast homes sell in ZIP 77042
Homes in ZIP 77042 typically go pending in about 76 days — about 15% slower than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77042 is around the 85th percentile of tracked local ZIPs for for-sale inventory. ZIP 77042 is around the 27th percentile of tracked local ZIPs for buyer competition. 58 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 201 and 224 — a 23-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77063, 77079, 77072, 77077.
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 77042 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77042 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77042 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77063 housing marketReview a nearby local market with the same core measures.
- ZIP 77079 housing marketReview a nearby local market with the same core measures.
- ZIP 77072 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77042 Housing Market Overview FAQ
What is the typical home value in ZIP 77042?
The typical home value in ZIP 77042 is $271,543 in the latest monthly reading.
What is the typical rent in ZIP 77042?
Typical rent in ZIP 77042 is $1,266 per month.
What is the home-value-to-rent ratio in ZIP 77042?
ZIP 77042 has a home-value-to-annual-rent ratio of 17.9.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules