ZIP 77056 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77056 in the Houston housing market is $676,090, with a typical rent of $1,624 per month. That puts the local home-value-to-annual-rent ratio at 34.7.
Key stats
- ZIP 77056 is around the 94th percentile of tracked local ZIPs for home value.
- ZIP 77056 is around the 15th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 34.7.
- 67 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
- $676,090
- Typical rent
- $1,624
- Homes for sale
- 242
- Buyer competition
- 42
- New listings
- 42
- Homes going pending
- 28
- Listings with price cuts
- 24.0%
Price and rent in ZIP 77056
ZIP 77056 is around the 94th percentile of tracked local ZIPs for home value. ZIP 77056 is around the 58th percentile of tracked local ZIPs for rent.
ZIP 77056 home value & rent trend (past 12 months)
Typical home value rose 1.8% over the past 12 months, from $664,163 to $676,090. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.7% in November 2025.
Typical rent rose 0.4% over the past 12 months, from $1,617 to $1,624. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.1% in February 2026.
How ZIP 77056 compares to the metro
ZIP 77056's typical home value is 167.6% above the metro median of $252,640. ZIP 77056's typical rent is 4.8% above the metro median of $1,550. ZIP 77056's buyer competition is 10.6% below the metro median of 47.
How fast homes sell in ZIP 77056
Homes in ZIP 77056 typically go pending in about 102 days — about 55% slower than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77056 is around the 92nd percentile of tracked local ZIPs for for-sale inventory. ZIP 77056 is around the 15th percentile of tracked local ZIPs for buyer competition. 67 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 212 and 249 — a 37-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77057, 77027, 77024, 77046.
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 77056 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77056 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77056 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77057 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 77024 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77056 Housing Market Overview FAQ
What is the typical home value in ZIP 77056?
The typical home value in ZIP 77056 is $676,090 in the latest monthly reading.
What is the typical rent in ZIP 77056?
Typical rent in ZIP 77056 is $1,624 per month.
What is the home-value-to-rent ratio in ZIP 77056?
ZIP 77056 has a home-value-to-annual-rent ratio of 34.7.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules