ZIP 77079 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77079 in the Houston housing market is $745,756, with a typical rent of $1,594 per month. That puts the local home-value-to-annual-rent ratio at 39.0.
Key stats
- ZIP 77079 is around the 97th percentile of tracked local ZIPs for home value.
- ZIP 77079 is around the 79th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 39.0.
- 66 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
- $745,756
- Typical rent
- $1,594
- Homes for sale
- 165
- Buyer competition
- 53
- New listings
- 53
- Homes going pending
- 35
- Listings with price cuts
- 27.6%
Price and rent in ZIP 77079
ZIP 77079 is around the 97th percentile of tracked local ZIPs for home value. ZIP 77079 is around the 53rd percentile of tracked local ZIPs for rent.
ZIP 77079 home value & rent trend (past 12 months)
Typical home value rose 5.7% over the past 12 months, from $705,701 to $745,756. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.9% in December 2025.
Typical rent fell 1.7% over the past 12 months, from $1,622 to $1,594. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.3% in March 2026.
How ZIP 77079 compares to the metro
ZIP 77079's typical home value is 195.2% above the metro median of $252,640. ZIP 77079's typical rent is 2.8% above the metro median of $1,550. ZIP 77079's buyer competition is 12.8% above the metro median of 47.
How fast homes sell in ZIP 77079
Homes in ZIP 77079 typically go pending in about 37 days — about 44% faster than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77079 is around the 71st percentile of tracked local ZIPs for for-sale inventory. ZIP 77079 is around the 79th percentile of tracked local ZIPs for buyer competition. 66 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 117 and 172 — a 55-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77077, 77043, 77042, 77082.
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 77079 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77079 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77079 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77077 housing marketReview a nearby local market with the same core measures.
- ZIP 77043 housing marketReview a nearby local market with the same core measures.
- ZIP 77042 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77079 Housing Market Overview FAQ
What is the typical home value in ZIP 77079?
The typical home value in ZIP 77079 is $745,756 in the latest monthly reading.
What is the typical rent in ZIP 77079?
Typical rent in ZIP 77079 is $1,594 per month.
What is the home-value-to-rent ratio in ZIP 77079?
ZIP 77079 has a home-value-to-annual-rent ratio of 39.0.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules