HomeMarketCap.com

ZIP 77088 Houston, TX Housing Market

77088Houston area

Price, Rent & Competition

$213,483

$1,708

57 index

162

Supply & Market Activity

32

23

22.37%

67 days

Area profile & market context

Population

57,047

Population density

1,985 / sq mi

Latest market movement

Home value (MoM)

-0.37%

Inventory (MoM)

-0.61%

Buyer competition (MoM)

-8.06%

New listings (MoM)

+10.34%

Homes Pending (MoM)

0.00%

Price cuts share (MoM)

+0.30%

Typical rent (YoY)

+2.89%

How quickly homes are selling

Selling faster

Homes appear to be going under contract faster in this ZIP.

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: 23 · MoM: 0.00% · YoY: -4.17%

  • Sale speed (days to pending)

    Value: 67 · MoM: -12.99% · YoY: -

Other local market activity

  • New listings

    Value: 32 · MoM: 10.34% · YoY: -23.81%

  • Homes for sale

    Value: 162 · MoM: -0.61% · YoY: -4.14%

  • Buyer competition

    Value: 57 · MoM: -8.06% · YoY: 5.56%

  • Price cuts share

    Value: 22.37% · MoM: 0.30% · YoY: -24.27%

  • Home sales activity (metro)

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

ZIP 77088 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77088 in the Houston housing market is $213,483, with a typical rent of $1,708 per month. That puts the local home-value-to-annual-rent ratio at 10.4.

Key stats

  • ZIP 77088 is around the 29th percentile of tracked local ZIPs for home value.
  • ZIP 77088 is around the 93rd percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 10.4.
  • 72 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
$213,483
Typical rent
$1,708
Homes for sale
162
Buyer competition
57
New listings
32
Homes going pending
23
Listings with price cuts
22.4%
Typical home value — past 12 months
Aug 25Jul 26
Down 1.5% over 12 months
Typical home value down 1.5% over the last 12 months in ZIP 77088.
Typical rent — past 12 months
Aug 25Jul 26
Up 2.9% over 12 months
Typical rent up 2.9% over the last 12 months in ZIP 77088.
Homes for sale — past 12 months
Aug 25Jul 26
Down 6.4% over 12 months
Homes for sale down 6.4% over the last 12 months in ZIP 77088.
New listings — past 12 months
Aug 25Jul 26
Down 15.8% over 12 months
New listings down 15.8% over the last 12 months in ZIP 77088.
Homes going pending — past 12 months
Aug 25Jul 26
Up 4.5% over 12 months
Homes going pending up 4.5% over the last 12 months in ZIP 77088.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 6.6% over 12 months
Buyer competition index down 6.6% over the last 12 months in ZIP 77088.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 28.6% over 12 months
Listings with price cuts down 28.6% over the last 12 months in ZIP 77088.

Price and rent in ZIP 77088

ZIP 77088 is around the 29th percentile of tracked local ZIPs for home value. ZIP 77088 is around the 65th percentile of tracked local ZIPs for rent.

ZIP 77088 home value & rent trend (past 12 months)

Typical home value fell 1.5% over the past 12 months, from $216,808 to $213,483. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.3% in January 2026.

Typical rent rose 2.9% over the past 12 months, from $1,660 to $1,708. It rose in 6 of 11 monthly readings. The largest monthly gain was +2.6% in May 2026.

How ZIP 77088 compares to the metro

ZIP 77088's typical home value is 15.5% below the metro median of $252,640. ZIP 77088's typical rent is 10.2% above the metro median of $1,550. ZIP 77088's buyer competition is 21.3% above the metro median of 47.

How fast homes sell in ZIP 77088

Homes in ZIP 77088 typically go pending in about 67 days — about 2% slower than the metro median of 66 days.

Supply, pending activity, and competition

ZIP 77088 is around the 70th percentile of tracked local ZIPs for for-sale inventory. ZIP 77088 is around the 93rd percentile of tracked local ZIPs for buyer competition. 72 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 162 and 190 — a 28-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77091, 77092, 77037, 77038.

Continue your market research

77088 Housing Market Overview FAQ

What is the typical home value in ZIP 77088?

The typical home value in ZIP 77088 is $213,483 in the latest monthly reading.

What is the typical rent in ZIP 77088?

Typical rent in ZIP 77088 is $1,708 per month.

What is the home-value-to-rent ratio in ZIP 77088?

ZIP 77088 has a home-value-to-annual-rent ratio of 10.4.

Sources and method

Explore ZIP Pages in Houston Metro