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Houston ZIP Comparison: 77002 vs 77040

Begin with the individual housing-market profiles for ZIP 77002 and ZIP 77040, then use the shared measures below to compare them consistently.

MeasureZIP 77002ZIP 77040
Typical home value$246,154$260,198
Typical rent$1,779$1,385
Homes for sale88140
Buyer competition5647
New listings1339
Homes going pending-27
Listings with price cuts20.4%27.3%

ZIP 77040 has 5.4% higher typical home value than ZIP 77002. ZIP 77002 has 28.5% higher typical rent than ZIP 77040.

Key stats

  • ZIP 77040 has 5.4% higher typical home value than ZIP 77002.
  • ZIP 77002 has 28.5% higher typical rent than ZIP 77040.
  • ZIP 77040 has 37.1% higher for-sale inventory than ZIP 77002.
  • ZIP 77002 has 19.1% higher buyer competition than ZIP 77040.
  • The home-value-to-annual-rent ratio ranges from 11.5 in ZIP 77002 to 15.7 in ZIP 77040.
typical home value delta
ZIP 77040 has 5.4% higher typical home value than ZIP 77002.
typical rent delta
ZIP 77002 has 28.5% higher typical rent than ZIP 77040.
homes for sale delta
ZIP 77040 has 37.1% higher for-sale inventory than ZIP 77002.
buyer competition delta
ZIP 77002 has 19.1% higher buyer competition than ZIP 77040.

The largest measurable differences

ZIP 77040 has 5.4% higher typical home value than ZIP 77002. ZIP 77002 has 28.5% higher typical rent than ZIP 77040. ZIP 77040 has 37.1% higher for-sale inventory than ZIP 77002.

Price and rent differences

ZIP 77040 has 5.4% higher typical home value than ZIP 77002. ZIP 77002 has 28.5% higher typical rent than ZIP 77040.

The home-value-to-annual-rent ratio ranges from 11.5 in ZIP 77002 to 15.7 in ZIP 77040.

Supply and buyer pressure

ZIP 77040 has 37.1% higher for-sale inventory than ZIP 77002. ZIP 77002 has 19.1% higher buyer competition than ZIP 77040.

Continue your market research

Sources and method

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