ZIP 77071 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77071 in the Houston housing market is $237,483, with a typical rent of $1,879 per month. That puts the local home-value-to-annual-rent ratio at 10.5.
Key stats
- ZIP 77071 is around the 40th percentile of tracked local ZIPs for home value.
- ZIP 77071 is around the 93rd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.5.
- 50 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
- $237,483
- Typical rent
- $1,879
- Homes for sale
- 109
- Buyer competition
- 57
- New listings
- 24
- Homes going pending
- 12
- Listings with price cuts
- 28.9%
Price and rent in ZIP 77071
ZIP 77071 is around the 40th percentile of tracked local ZIPs for home value. ZIP 77071 is around the 86th percentile of tracked local ZIPs for rent.
ZIP 77071 home value & rent trend (past 12 months)
Typical home value fell 3.1% over the past 12 months, from $245,198 to $237,483. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.1% in January 2026.
Typical rent rose 4.3% over the past 12 months, from $1,801 to $1,879. It rose in 5 of 11 monthly readings. The largest monthly gain was +4.6% in October 2025.
How ZIP 77071 compares to the metro
ZIP 77071's typical home value is 6.0% below the metro median of $252,640. ZIP 77071's typical rent is 21.2% above the metro median of $1,550. ZIP 77071's buyer competition is 21.3% above the metro median of 47.
Supply, pending activity, and competition
ZIP 77071 is around the 42nd percentile of tracked local ZIPs for for-sale inventory. ZIP 77071 is around the 93rd percentile of tracked local ZIPs for buyer competition. 50 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 82 and 119 — a 37-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77031, 77074, 77096, 77036.
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 77071 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77071 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77071 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77031 housing marketReview a nearby local market with the same core measures.
- ZIP 77074 housing marketReview a nearby local market with the same core measures.
- ZIP 77096 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77071 Housing Market Overview FAQ
What is the typical home value in ZIP 77071?
The typical home value in ZIP 77071 is $237,483 in the latest monthly reading.
What is the typical rent in ZIP 77071?
Typical rent in ZIP 77071 is $1,879 per month.
What is the home-value-to-rent ratio in ZIP 77071?
ZIP 77071 has a home-value-to-annual-rent ratio of 10.5.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules