ZIP 77024 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77024 in the Houston housing market is $1,471,108, with a typical rent of $1,767 per month. That puts the local home-value-to-annual-rent ratio at 69.4.
Key stats
- ZIP 77024 is around the 99th percentile of tracked local ZIPs for home value.
- ZIP 77024 is around the 39th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 69.4.
- 78 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $1,471,108
- Typical rent
- $1,767
- Homes for sale
- 212
- Buyer competition
- 45
- New listings
- 45
- Homes going pending
- 35
- Listings with price cuts
- 30.3%
Price and rent in ZIP 77024
ZIP 77024 is around the 99th percentile of tracked local ZIPs for home value. ZIP 77024 is around the 70th percentile of tracked local ZIPs for rent.
ZIP 77024 home value & rent trend (past 12 months)
Typical home value rose 9.7% over the past 12 months, from $1,341,472 to $1,471,108. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.4% in December 2025.
Typical rent fell 1.0% over the past 12 months, from $1,786 to $1,767. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.5% in March 2026.
How ZIP 77024 compares to Houston
ZIP 77024's typical home value is 489.0% above the Houston median of $249,757. ZIP 77024's typical rent is 13.9% above the Houston median of $1,551. ZIP 77024's buyer competition is 4.3% below the Houston median of 47.
How fast homes sell in ZIP 77024
Homes in ZIP 77024 typically go pending in about 70 days — about 3% slower than the metro median of 68 days.
Supply, pending activity, and competition
ZIP 77024 is around the 83rd percentile of tracked local ZIPs for for-sale inventory. ZIP 77024 is around the 39th percentile of tracked local ZIPs for buyer competition. 78 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 191 and 235 — a 44-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77057, 77055, 77063, 77056.
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 77057 housing marketReview a nearby local market with the same core measures.
- ZIP 77055 housing marketReview a nearby local market with the same core measures.
- ZIP 77063 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.