HomeMarketCap.com

Houston ZIP Comparison: 77002 vs 77056

Begin with the individual housing-market profiles for ZIP 77002 and ZIP 77056, then use the shared measures below to compare them consistently.

MeasureZIP 77002ZIP 77056
Typical home value$246,154$676,090
Typical rent$1,779$1,624
Homes for sale88242
Buyer competition5642
New listings1342
Homes going pending-28
Listings with price cuts20.4%24.0%

ZIP 77056 has 63.6% higher typical home value than ZIP 77002. ZIP 77002 has 9.6% higher typical rent than ZIP 77056.

Key stats

  • ZIP 77056 has 63.6% higher typical home value than ZIP 77002.
  • ZIP 77002 has 9.6% higher typical rent than ZIP 77056.
  • ZIP 77056 has 63.6% higher for-sale inventory than ZIP 77002.
  • ZIP 77002 has 33.3% higher buyer competition than ZIP 77056.
  • The home-value-to-annual-rent ratio ranges from 11.5 in ZIP 77002 to 34.7 in ZIP 77056.
typical home value delta
ZIP 77056 has 63.6% higher typical home value than ZIP 77002.
typical rent delta
ZIP 77002 has 9.6% higher typical rent than ZIP 77056.
homes for sale delta
ZIP 77056 has 63.6% higher for-sale inventory than ZIP 77002.
buyer competition delta
ZIP 77002 has 33.3% higher buyer competition than ZIP 77056.

The largest measurable differences

ZIP 77056 has 63.6% higher typical home value than ZIP 77002. ZIP 77002 has 9.6% higher typical rent than ZIP 77056. ZIP 77056 has 63.6% higher for-sale inventory than ZIP 77002.

Price and rent differences

ZIP 77056 has 63.6% higher typical home value than ZIP 77002. ZIP 77002 has 9.6% higher typical rent than ZIP 77056.

The home-value-to-annual-rent ratio ranges from 11.5 in ZIP 77002 to 34.7 in ZIP 77056.

Supply and buyer pressure

ZIP 77056 has 63.6% higher for-sale inventory than ZIP 77002. ZIP 77002 has 33.3% higher buyer competition than ZIP 77056.

Continue your market research

Sources and method

Related Houston questions

Is Houston Housing Market Cooling?

Review the current Houston evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Is Houston Housing Market Cooling?
Is Houston a Buyer's Market?

Review the current Houston evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Is Houston a Buyer's Market?
Houston Rent vs Buy

Review the current Houston evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Houston Rent vs Buy
Should I Buy Now or Wait in Houston?

Review the current Houston evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Should I Buy Now or Wait in Houston?
Houston Housing Market Forecast

Review the current Houston evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Houston Housing Market Forecast