ZIP 77089 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77089 in the Houston housing market is $273,815, with a typical rent of $1,518 per month. That puts the local home-value-to-annual-rent ratio at 15.0.
Key stats
- ZIP 77089 is around the 61st percentile of tracked local ZIPs for home value.
- ZIP 77089 is around the 69th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 15.0.
- 77 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $273,815
- Typical rent
- $1,518
- Homes for sale
- 154
- Buyer competition
- 50
- New listings
- 48
- Homes going pending
- 37
- Listings with price cuts
- 29.0%
Price and rent in ZIP 77089
ZIP 77089 is around the 61st percentile of tracked local ZIPs for home value. ZIP 77089 is around the 45th percentile of tracked local ZIPs for rent.
ZIP 77089 home value & rent trend (past 12 months)
Typical home value fell 0.7% over the past 12 months, from $275,739 to $273,815. It rose in 1 of 11 monthly readings. The largest monthly gain was +0.0% in December 2025.
Typical rent fell 0.2% over the past 12 months, from $1,520 to $1,518. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.8% in February 2026.
How ZIP 77089 compares to the metro
ZIP 77089's typical home value is 8.4% above the metro median of $252,640. ZIP 77089's typical rent is 2.1% below the metro median of $1,550. ZIP 77089's buyer competition is 6.4% above the metro median of 47.
How fast homes sell in ZIP 77089
Homes in ZIP 77089 typically go pending in about 58 days — about 12% faster than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77089 is around the 66th percentile of tracked local ZIPs for for-sale inventory. ZIP 77089 is around the 69th percentile of tracked local ZIPs for buyer competition. 77 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 153 and 171 — a 18-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77034, 77075, 77504, 77587.
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 77089 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77089 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77089 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77034 housing marketReview a nearby local market with the same core measures.
- ZIP 77075 housing marketReview a nearby local market with the same core measures.
- ZIP 77504 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77089 Housing Market Overview FAQ
What is the typical home value in ZIP 77089?
The typical home value in ZIP 77089 is $273,815 in the latest monthly reading.
What is the typical rent in ZIP 77089?
Typical rent in ZIP 77089 is $1,518 per month.
What is the home-value-to-rent ratio in ZIP 77089?
ZIP 77089 has a home-value-to-annual-rent ratio of 15.0.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules