ZIP 77051 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77051 in the Houston housing market is $193,544, with a typical rent of $1,684 per month. That puts the local home-value-to-annual-rent ratio at 9.6.
Key stats
- ZIP 77051 is around the 18th percentile of tracked local ZIPs for home value.
- ZIP 77051 is around the 40th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 9.6.
- 50 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $193,544
- Typical rent
- $1,684
- Homes for sale
- 98
- Buyer competition
- 46
- New listings
- 16
- Homes going pending
- 8
- Listings with price cuts
- 24.6%
Price and rent in ZIP 77051
ZIP 77051 is around the 18th percentile of tracked local ZIPs for home value. ZIP 77051 is around the 63rd percentile of tracked local ZIPs for rent.
ZIP 77051 home value & rent trend (past 12 months)
Typical home value fell 6.8% over the past 12 months, from $207,752 to $193,544. It rose in 1 of 11 monthly readings. The largest monthly gain was +0.0% in July 2026.
Typical rent rose 4.4% over the past 12 months, from $1,613 to $1,684. It rose in 6 of 11 monthly readings. The largest monthly gain was +2.7% in January 2026.
How ZIP 77051 compares to the metro
ZIP 77051's typical home value is 23.4% below the metro median of $252,640. ZIP 77051's typical rent is 8.6% above the metro median of $1,550. ZIP 77051's buyer competition is 2.1% below the metro median of 47.
Supply, pending activity, and competition
ZIP 77051 is around the 40th percentile of tracked local ZIPs for for-sale inventory. ZIP 77051 is around the 40th percentile of tracked local ZIPs for buyer competition. 50 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 85 and 101 — a 16-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77054, 77047, 77033, 77045.
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 77051 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77051 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77051 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77054 housing marketReview a nearby local market with the same core measures.
- ZIP 77047 housing marketReview a nearby local market with the same core measures.
- ZIP 77033 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77051 Housing Market Overview FAQ
What is the typical home value in ZIP 77051?
The typical home value in ZIP 77051 is $193,544 in the latest monthly reading.
What is the typical rent in ZIP 77051?
Typical rent in ZIP 77051 is $1,684 per month.
What is the home-value-to-rent ratio in ZIP 77051?
ZIP 77051 has a home-value-to-annual-rent ratio of 9.6.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules