ZIP 77008 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77008 in the Houston housing market is $590,754, with a typical rent of $1,993 per month. That puts the local home-value-to-annual-rent ratio at 24.7.
Key stats
- ZIP 77008 is around the 92nd percentile of tracked local ZIPs for home value.
- ZIP 77008 is around the 8th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 24.7.
- 74 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $590,754
- Typical rent
- $1,993
- Homes for sale
- 374
- Buyer competition
- 40
- New listings
- 95
- Homes going pending
- 70
- Listings with price cuts
- 34.2%
Price and rent in ZIP 77008
ZIP 77008 is around the 92nd percentile of tracked local ZIPs for home value. ZIP 77008 is around the 95th percentile of tracked local ZIPs for rent.
ZIP 77008 home value & rent trend (past 12 months)
Typical home value fell 0.4% over the last 11 months, from $593,320 to $590,754. It rose in 5 of 10 monthly readings. The largest monthly gain was +0.2% in November 2025.
Typical rent rose 0.2% over the last 11 months, from $1,989 to $1,993. It rose in 5 of 10 monthly readings. The largest monthly gain was +1.6% in March 2026.
How ZIP 77008 compares to Houston
ZIP 77008's typical home value is 133.8% above the Houston median of $252,640. ZIP 77008's typical rent is 28.6% above the Houston median of $1,550. ZIP 77008's buyer competition is 14.9% below the Houston median of 47.
How fast homes sell in ZIP 77008
Homes in ZIP 77008 typically go pending in about 60 days — about 9% faster than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77008 is around the 98th percentile of tracked local ZIPs for for-sale inventory. ZIP 77008 is around the 8th percentile of tracked local ZIPs for buyer competition. 74 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 11 readings on record, inventory moved between 269 and 374 — a 105-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77007, 77018, 77019, 77009.
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 77007 housing marketReview a nearby local market with the same core measures.
- ZIP 77018 housing marketReview a nearby local market with the same core measures.
- ZIP 77019 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 under our editorial policy. Spotted something wrong? Report a correction.