ZIP 77006 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77006 in the Houston housing market is $561,915, with a typical rent of $1,679 per month. That puts the local home-value-to-annual-rent ratio at 27.9.
Key stats
- ZIP 77006 is around the 90th percentile of tracked local ZIPs for home value.
- ZIP 77006 is around the 6th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 27.9.
- 65 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
- $561,915
- Typical rent
- $1,679
- Homes for sale
- 171
- Buyer competition
- 41
- New listings
- 37
- Homes going pending
- 24
- Listings with price cuts
- 30.1%
Price and rent in ZIP 77006
ZIP 77006 is around the 90th percentile of tracked local ZIPs for home value. ZIP 77006 is around the 61st percentile of tracked local ZIPs for rent.
ZIP 77006 home value & rent trend (past 12 months)
Typical home value rose 0.2% over the past 12 months, from $560,684 to $561,915. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.2% in November 2025.
Typical rent rose 1.2% over the past 12 months, from $1,660 to $1,679. It rose in 6 of 11 monthly readings. The largest monthly gain was +2.3% in May 2026.
How ZIP 77006 compares to Houston
ZIP 77006's typical home value is 125.0% above the Houston median of $249,757. ZIP 77006's typical rent is 8.2% above the Houston median of $1,551. ZIP 77006's buyer competition is 12.8% below the Houston median of 47.
How fast homes sell in ZIP 77006
Homes in ZIP 77006 typically go pending in about 71 days — about 4% slower than the metro median of 68 days.
Supply, pending activity, and competition
ZIP 77006 is around the 75th percentile of tracked local ZIPs for for-sale inventory. ZIP 77006 is around the 6th percentile of tracked local ZIPs for buyer competition. 65 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 154 and 187 — a 33-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77002, 77019, 77098, 77004.
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.
- All Houston ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 77002 housing marketReview a nearby local market with the same core measures.
- ZIP 77019 housing marketReview a nearby local market with the same core measures.
- ZIP 77098 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.