ZIP 77083 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77083 in the Houston housing market is $260,169, with a typical rent of $1,900 per month. That puts the local home-value-to-annual-rent ratio at 11.4.
Key stats
- ZIP 77083 is around the 54th percentile of tracked local ZIPs for home value.
- ZIP 77083 is around the 40th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 11.4.
- 70 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
- $260,169
- Typical rent
- $1,900
- Homes for sale
- 199
- Buyer competition
- 46
- New listings
- 46
- Homes going pending
- 32
- Listings with price cuts
- 27.0%
Price and rent in ZIP 77083
ZIP 77083 is around the 54th percentile of tracked local ZIPs for home value. ZIP 77083 is around the 89th percentile of tracked local ZIPs for rent.
ZIP 77083 home value & rent trend (past 12 months)
Typical home value fell 2.1% over the past 12 months, from $265,760 to $260,169. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.0% in January 2026.
Typical rent rose 0.3% over the past 12 months, from $1,894 to $1,900. It rose in 5 of 11 monthly readings. The largest monthly gain was +3.8% in March 2026.
How ZIP 77083 compares to the metro
ZIP 77083's typical home value is 3.0% above the metro median of $252,640. ZIP 77083's typical rent is 22.6% above the metro median of $1,550. ZIP 77083's buyer competition is 2.1% below the metro median of 47.
How fast homes sell in ZIP 77083
Homes in ZIP 77083 typically go pending in about 74 days — about 12% slower than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77083 is around the 81st percentile of tracked local ZIPs for for-sale inventory. ZIP 77083 is around the 40th percentile of tracked local ZIPs for buyer competition. 70 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 183 and 212 — a 29-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77082, 77072, 77099, 77077.
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 77083 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77083 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77083 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77082 housing marketReview a nearby local market with the same core measures.
- ZIP 77072 housing marketReview a nearby local market with the same core measures.
- ZIP 77099 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77083 Housing Market Overview FAQ
What is the typical home value in ZIP 77083?
The typical home value in ZIP 77083 is $260,169 in the latest monthly reading.
What is the typical rent in ZIP 77083?
Typical rent in ZIP 77083 is $1,900 per month.
What is the home-value-to-rent ratio in ZIP 77083?
ZIP 77083 has a home-value-to-annual-rent ratio of 11.4.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules