ZIP 77062 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77062 in the Houston housing market is $316,990, with a typical rent of $1,784 per month. That puts the local home-value-to-annual-rent ratio at 14.8.
Key stats
- ZIP 77062 is around the 72nd percentile of tracked local ZIPs for home value.
- ZIP 77062 is around the 69th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 14.8.
- 76 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $316,990
- Typical rent
- $1,784
- Homes for sale
- 121
- Buyer competition
- 50
- New listings
- 42
- Homes going pending
- 32
- Listings with price cuts
- 30.6%
Price and rent in ZIP 77062
ZIP 77062 is around the 72nd percentile of tracked local ZIPs for home value. ZIP 77062 is around the 75th percentile of tracked local ZIPs for rent.
ZIP 77062 home value & rent trend (past 12 months)
Typical home value rose 0.5% over the past 12 months, from $315,543 to $316,990. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.2% in December 2025.
Typical rent rose 0.8% over the past 12 months, from $1,770 to $1,784. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.9% in February 2026.
How ZIP 77062 compares to the metro
ZIP 77062's typical home value is 25.5% above the metro median of $252,640. ZIP 77062's typical rent is 15.1% above the metro median of $1,550. ZIP 77062's buyer competition is 6.4% above the metro median of 47.
How fast homes sell in ZIP 77062
Homes in ZIP 77062 typically go pending in about 45 days — about 32% faster than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77062 is around the 52nd percentile of tracked local ZIPs for for-sale inventory. ZIP 77062 is around the 69th percentile of tracked local ZIPs for buyer competition. 76 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 112 and 128 — a 16-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77059, 77058, 77598, 77507.
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 77062 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77062 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77062 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77059 housing marketReview a nearby local market with the same core measures.
- ZIP 77058 housing marketReview a nearby local market with the same core measures.
- ZIP 77598 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77062 Housing Market Overview FAQ
What is the typical home value in ZIP 77062?
The typical home value in ZIP 77062 is $316,990 in the latest monthly reading.
What is the typical rent in ZIP 77062?
Typical rent in ZIP 77062 is $1,784 per month.
What is the home-value-to-rent ratio in ZIP 77062?
ZIP 77062 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