ZIP 77098 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77098 in the Houston housing market is $705,119, with a typical rent of $1,801 per month. That puts the local home-value-to-annual-rent ratio at 32.6.
Key stats
- ZIP 77098 is around the 96th percentile of tracked local ZIPs for home value.
- ZIP 77098 is around the 1st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 32.6.
- 85 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
- $705,119
- Typical rent
- $1,801
- Homes for sale
- 72
- Buyer competition
- 38
- New listings
- 13
- Homes going pending
- 11
- Listings with price cuts
- 25.3%
Price and rent in ZIP 77098
ZIP 77098 is around the 96th percentile of tracked local ZIPs for home value. ZIP 77098 is around the 78th percentile of tracked local ZIPs for rent.
ZIP 77098 home value & rent trend (past 12 months)
Typical home value rose 1.0% over the past 12 months, from $698,234 to $705,119. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.6% in December 2025.
Typical rent rose 0.4% over the past 12 months, from $1,793 to $1,801. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.1% in March 2026.
How ZIP 77098 compares to the metro
ZIP 77098's typical home value is 179.1% above the metro median of $252,640. ZIP 77098's typical rent is 16.1% above the metro median of $1,550. ZIP 77098's buyer competition is 19.1% below the metro median of 47.
Supply, pending activity, and competition
ZIP 77098 is around the 24th percentile of tracked local ZIPs for for-sale inventory. ZIP 77098 is around the 1st percentile of tracked local ZIPs for buyer competition. 85 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 70 and 90 — a 20-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77046, 77005, 77027, 77019.
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 77098 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77098 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77098 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77046 housing marketReview a nearby local market with the same core measures.
- ZIP 77005 housing marketReview a nearby local market with the same core measures.
- ZIP 77027 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77098 Housing Market Overview FAQ
What is the typical home value in ZIP 77098?
The typical home value in ZIP 77098 is $705,119 in the latest monthly reading.
What is the typical rent in ZIP 77098?
Typical rent in ZIP 77098 is $1,801 per month.
What is the home-value-to-rent ratio in ZIP 77098?
ZIP 77098 has a home-value-to-annual-rent ratio of 32.6.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules