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Houston ZIP Comparison: 77003 vs 77040

Begin with the individual housing-market profiles for ZIP 77003 and ZIP 77040, then use the shared measures below to compare them consistently.

MeasureZIP 77003ZIP 77040
Typical home value$352,277$260,198
Typical rent$1,922$1,385
Homes for sale133140
Buyer competition3847
New listings2139
Homes going pending1427
Listings with price cuts25.0%27.3%

ZIP 77003 has 35.4% higher typical home value than ZIP 77040. ZIP 77003 has 38.8% higher typical rent than ZIP 77040.

Key stats

  • ZIP 77003 has 35.4% higher typical home value than ZIP 77040.
  • ZIP 77003 has 38.8% higher typical rent than ZIP 77040.
  • ZIP 77040 has 5.0% higher for-sale inventory than ZIP 77003.
  • ZIP 77040 has 19.1% higher buyer competition than ZIP 77003.
  • The home-value-to-annual-rent ratio ranges from 15.3 in ZIP 77003 to 15.7 in ZIP 77040.
typical home value delta
ZIP 77003 has 35.4% higher typical home value than ZIP 77040.
typical rent delta
ZIP 77003 has 38.8% higher typical rent than ZIP 77040.
homes for sale delta
ZIP 77040 has 5.0% higher for-sale inventory than ZIP 77003.
buyer competition delta
ZIP 77040 has 19.1% higher buyer competition than ZIP 77003.

The largest measurable differences

ZIP 77003 has 35.4% higher typical home value than ZIP 77040. ZIP 77003 has 38.8% higher typical rent than ZIP 77040. ZIP 77040 has 5.0% higher for-sale inventory than ZIP 77003.

Price and rent differences

ZIP 77003 has 35.4% higher typical home value than ZIP 77040. ZIP 77003 has 38.8% higher typical rent than ZIP 77040.

The home-value-to-annual-rent ratio ranges from 15.3 in ZIP 77003 to 15.7 in ZIP 77040.

Supply and buyer pressure

ZIP 77040 has 5.0% higher for-sale inventory than ZIP 77003. ZIP 77040 has 19.1% higher buyer competition than ZIP 77003.

Pending homes per 100 new listings range from 67 in ZIP 77003 to 69 in ZIP 77040.

Continue your market research

Sources and method

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