ZIP 77003 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77003 in the Houston housing market is $348,420, with a typical rent of $1,960 per month. That puts the local home-value-to-annual-rent ratio at 14.8.
Key stats
- ZIP 77003 is around the 77th percentile of tracked local ZIPs for home value.
- ZIP 77003 is around the 2nd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 14.8.
- 68 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $348,420
- Typical rent
- $1,960
- Homes for sale
- 132
- Buyer competition
- 39
- New listings
- 19
- Homes going pending
- 13
- Listings with price cuts
- 25.1%
Price and rent in ZIP 77003
ZIP 77003 is around the 77th percentile of tracked local ZIPs for home value. ZIP 77003 is around the 91st percentile of tracked local ZIPs for rent.
ZIP 77003 home value & rent trend (past 12 months)
Typical home value fell 3.8% over the past 12 months, from $362,224 to $348,420. It rose in 0 of 11 monthly readings.
Typical rent fell 0.4% over the past 12 months, from $1,967 to $1,960. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.7% in June 2026.
How ZIP 77003 compares to Houston
ZIP 77003's typical home value is 39.5% above the Houston median of $249,757. ZIP 77003's typical rent is 26.3% above the Houston median of $1,551. ZIP 77003's buyer competition is 17.0% below the Houston median of 47.
Supply, pending activity, and competition
ZIP 77003 is around the 56th percentile of tracked local ZIPs for for-sale inventory. ZIP 77003 is around the 2nd percentile of tracked local ZIPs for buyer competition. 68 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 106 and 133 — a 27-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77002, 77004, 77006, 77023.
Continue your market research
- Is the Houston Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Houston a Buyer's Market?Read the related local market analysis.
- Compare 77003 vs 77094Compare this market with another tracked ZIP or peer group.
- ZIP 77002 housing marketReview a nearby local market with the same core measures.
- ZIP 77004 housing marketReview a nearby local market with the same core measures.
- ZIP 77006 housing marketReview a nearby local market with the same core measures.
- Houston housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.