ZIP 77046 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77046 in the Houston housing market is $320,370, with a typical rent of $1,553 per month. That puts the local home-value-to-annual-rent ratio at 17.2.
Key stats
- ZIP 77046 is around the 73rd percentile of tracked local ZIPs for home value.
- ZIP 77046 is around the 57th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 17.2.
- Supply and buyer competition did not produce a clear easing or tightening split.
- ZIP 77046's typical home value is 26.8% above the metro median of $252,640.
- Typical home value
- $320,370
- Typical rent
- $1,553
- Homes for sale
- 26
- Buyer competition
- 48
- Listings with price cuts
- 11.9%
Price and rent in ZIP 77046
ZIP 77046 is around the 73rd percentile of tracked local ZIPs for home value. ZIP 77046 is around the 51st percentile of tracked local ZIPs for rent.
ZIP 77046 home value & rent trend (past 12 months)
Typical home value fell 5.3% over the past 12 months, from $338,433 to $320,370. It rose in 0 of 11 monthly readings.
Typical rent fell 3.2% over the past 12 months, from $1,604 to $1,553. It rose in 5 of 11 monthly readings. The largest monthly gain was +4.6% in June 2026.
How ZIP 77046 compares to the metro
ZIP 77046's typical home value is 26.8% above the metro median of $252,640. ZIP 77046's buyer competition is 2.1% above the metro median of 47.
Supply, pending activity, and competition
ZIP 77046 is around the 5th percentile of tracked local ZIPs for for-sale inventory. ZIP 77046 is around the 57th percentile of tracked local ZIPs for buyer competition. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 21 and 31 — a 10-point spread across 96 comparable tracked ZIPs. Inventory has moved falling in each of the latest three available monthly readings.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77098, 77027, 77005, 77019.
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 77046 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77046 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77046 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77098 housing marketReview a nearby local market with the same core measures.
- ZIP 77027 housing marketReview a nearby local market with the same core measures.
- ZIP 77005 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77046 Housing Market Overview FAQ
What is the typical home value in ZIP 77046?
The typical home value in ZIP 77046 is $320,370 in the latest monthly reading.
What is the typical rent in ZIP 77046?
Typical rent in ZIP 77046 is $1,553 per month.
What is the home-value-to-rent ratio in ZIP 77046?
ZIP 77046 has a home-value-to-annual-rent ratio of 17.2.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules