HomeMarketCap.com

ZIP 77070 Houston, TX Housing Market

77070Houston area

Price, Rent & Competition

$297,870

$1,491

57 index

198

Supply & Market Activity

57

39

29.15%

56 days

Area profile & market context

Population

58,229

Population density

1,723 / sq mi

Latest market movement

Home value (MoM)

-0.22%

Inventory (MoM)

+8.79%

Buyer competition (MoM)

-5.00%

New listings (MoM)

+9.62%

Homes Pending (MoM)

+18.18%

Price cuts share (MoM)

-2.67%

Typical rent (YoY)

-0.12%

How quickly homes are selling

Mixed signals

Direct sale-speed signals are mixed for this ZIP right now.

This summary combines homes going pending and sale speed (days to pending). Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 39 · MoM: 18.18% · YoY: 18.18%

  • Sale speed (days to pending)

    Value: 56 · MoM: 16.67% · YoY: 0.00%

Other local market activity

  • New listings

    Value: 57 · MoM: 9.62% · YoY: 5.56%

  • Homes for sale

    Value: 198 · MoM: 8.79% · YoY: 7.61%

  • Buyer competition

    Value: 57 · MoM: -5.00% · YoY: 16.33%

  • Price cuts share

    Value: 29.15% · MoM: -2.67% · YoY: -13.95%

  • Home sales activity (metro)

    Value: 6,512 · MoM: -3.74% · YoY: 3.86%

ZIP 77070 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77070 in the Houston housing market is $297,870, with a typical rent of $1,491 per month. That puts the local home-value-to-annual-rent ratio at 16.6.

Key stats

  • ZIP 77070 is around the 68th percentile of tracked local ZIPs for home value.
  • ZIP 77070 is around the 93rd percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 16.6.
  • 68 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$297,870
Typical rent
$1,491
Homes for sale
198
Buyer competition
57
New listings
57
Homes going pending
39
Listings with price cuts
29.1%
Typical home value — past 12 months
Aug 25Jul 26
Down 0.8% over 12 months
Typical home value down 0.8% over the last 12 months in ZIP 77070.
Typical rent — past 12 months
Aug 25Jul 26
Up 0.8% over 12 months
Typical rent up 0.8% over the last 12 months in ZIP 77070.
Homes for sale — past 12 months
Aug 25Jul 26
Up 0.5% over 12 months
Homes for sale up 0.5% over the last 12 months in ZIP 77070.
New listings — past 12 months
Aug 25Jul 26
Up 11.8% over 12 months
New listings up 11.8% over the last 12 months in ZIP 77070.
Homes going pending — past 12 months
Aug 25Jul 26
Up 8.3% over 12 months
Homes going pending up 8.3% over the last 12 months in ZIP 77070.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 14.0% over 12 months
Buyer competition index up 14.0% over the last 12 months in ZIP 77070.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 17.6% over 12 months
Listings with price cuts down 17.6% over the last 12 months in ZIP 77070.

Price and rent in ZIP 77070

ZIP 77070 is around the 68th percentile of tracked local ZIPs for home value. ZIP 77070 is around the 43rd percentile of tracked local ZIPs for rent.

ZIP 77070 home value & rent trend (past 12 months)

Typical home value fell 0.8% over the past 12 months, from $300,411 to $297,870. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.1% in December 2025.

Typical rent rose 0.8% over the past 12 months, from $1,480 to $1,491. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.8% in November 2025.

How ZIP 77070 compares to the metro

ZIP 77070's typical home value is 17.9% above the metro median of $252,640. ZIP 77070's typical rent is 3.8% below the metro median of $1,550. ZIP 77070's buyer competition is 21.3% above the metro median of 47.

How fast homes sell in ZIP 77070

Homes in ZIP 77070 typically go pending in about 56 days — about 15% faster than the metro median of 66 days.

Supply, pending activity, and competition

ZIP 77070 is around the 80th percentile of tracked local ZIPs for for-sale inventory. ZIP 77070 is around the 93rd percentile of tracked local ZIPs for buyer competition. 68 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 152 and 200 — a 48-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77065, 77064, 77069, 77066.

Continue your market research

77070 Housing Market Overview FAQ

What is the typical home value in ZIP 77070?

The typical home value in ZIP 77070 is $297,870 in the latest monthly reading.

What is the typical rent in ZIP 77070?

Typical rent in ZIP 77070 is $1,491 per month.

What is the home-value-to-rent ratio in ZIP 77070?

ZIP 77070 has a home-value-to-annual-rent ratio of 16.6.

Sources and method

Explore ZIP Pages in Houston Metro