ZIP 77059 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77059 in the Houston housing market is $456,148, with a typical rent of $2,565 per month. That puts the local home-value-to-annual-rent ratio at 14.8.
Key stats
- ZIP 77059 is around the 84th percentile of tracked local ZIPs for home value.
- ZIP 77059 is around the 64th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 14.8.
- 97 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
- $456,148
- Typical rent
- $2,565
- Homes for sale
- 96
- Buyer competition
- 49
- New listings
- 30
- Homes going pending
- 29
- Listings with price cuts
- 31.9%
Price and rent in ZIP 77059
ZIP 77059 is around the 84th percentile of tracked local ZIPs for home value. ZIP 77059 is among the highest of tracked local ZIPs for rent.
ZIP 77059 home value & rent trend (past 12 months)
Typical home value fell 1.1% over the past 12 months, from $461,385 to $456,148. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.2% in July 2026.
How ZIP 77059 compares to the metro
ZIP 77059's typical home value is 80.6% above the metro median of $252,640. ZIP 77059's typical rent is 65.4% above the metro median of $1,550. ZIP 77059's buyer competition is 4.3% above the metro median of 47.
How fast homes sell in ZIP 77059
Homes in ZIP 77059 typically go pending in about 52 days — about 21% faster than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77059 is around the 38th percentile of tracked local ZIPs for for-sale inventory. ZIP 77059 is around the 64th percentile of tracked local ZIPs for buyer competition. 97 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 68 and 110 — a 42-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77062, 77505, 77507, 77058.
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 77059 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77059 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77059 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77062 housing marketReview a nearby local market with the same core measures.
- ZIP 77505 housing marketReview a nearby local market with the same core measures.
- ZIP 77507 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77059 Housing Market Overview FAQ
What is the typical home value in ZIP 77059?
The typical home value in ZIP 77059 is $456,148 in the latest monthly reading.
What is the typical rent in ZIP 77059?
Typical rent in ZIP 77059 is $2,565 per month.
What is the home-value-to-rent ratio in ZIP 77059?
ZIP 77059 has a home-value-to-annual-rent ratio of 14.8.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules