HomeMarketCap.com

ZIP 77027 Houston, TX Housing Market

City
Houston
County
Harris County
State
TX
Metro area
Houston-The Woodlands-Sugar Land, TX

Price, Rent & Competition

$821,394

$1,821

43 index

135

Supply & Market Activity

25

14

25.36%

Area profile & market context

Population

20,317

Population density

2,945 / sq mi

Latest market movement

Home value (MoM)

+0.53%

Inventory (MoM)

-3.57%

Buyer competition (MoM)

+7.50%

New listings (MoM)

-7.41%

Homes Pending (MoM)

-26.32%

Price cuts share (MoM)

+2.61%

Typical rent (YoY)

+2.98%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 14 · MoM: -26.32% · YoY: -30.00%

Other local market activity

  • New listings

    Value: 25 · MoM: -7.41% · YoY: -7.41%

  • Homes for sale

    Value: 135 · MoM: -3.57% · YoY: -15.09%

  • Buyer competition

    Value: 43 · MoM: 7.50% · YoY: 4.88%

  • Price cuts share

    Value: 25.36% · MoM: 2.61% · YoY: 0.79%

  • Home sales activity (metro)

    Value: 5,440 · MoM: -15.82% · YoY: -5.62%

ZIP 77027 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77027 in the Houston housing market is $821,394, with a typical rent of $1,821 per month. That puts the local home-value-to-annual-rent ratio at 37.6.

Key stats

  • ZIP 77027 is around the 98th percentile of tracked local ZIPs for home value.
  • ZIP 77027 is around the 22nd percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 37.6.
  • 56 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$821,394
Typical rent
$1,821
Homes for sale
135
Buyer competition
43
New listings
25
Homes going pending
14
Listings with price cuts
25.4%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 3.0% over 12 months
Typical home value up 3.0% over the last 12 months in ZIP 77027.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 3.2% over 12 months
Typical rent up 3.2% over the last 12 months in ZIP 77027.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 15.1% over 12 months
Homes for sale down 15.1% over the last 12 months in ZIP 77027.
New listings — past 12 months
Sep 25 – Aug 26
Down 3.8% over 12 months
New listings down 3.8% over the last 12 months in ZIP 77027.
Homes going pending — past 12 months
Sep 25 – Aug 26
Down 30.0% over 12 months
Homes going pending down 30.0% over the last 12 months in ZIP 77027.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 7.5% over 12 months
Buyer competition index up 7.5% over the last 12 months in ZIP 77027.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 4.3% over 12 months
Listings with price cuts down 4.3% over the last 12 months in ZIP 77027.

Price and rent in ZIP 77027

ZIP 77027 is around the 98th percentile of tracked local ZIPs for home value. ZIP 77027 is around the 74th percentile of tracked local ZIPs for rent.

ZIP 77027 home value & rent trend (past 12 months)

Typical home value rose 3.0% over the past 12 months, from $797,337 to $821,394. It rose in 8 of 11 monthly readings. The largest monthly gain was +0.7% in November 2025.

Typical rent rose 3.2% over the past 12 months, from $1,763 to $1,821. It rose in 5 of 11 monthly readings. The largest monthly gain was +2.1% in July 2026.

How ZIP 77027 compares to Houston

ZIP 77027's typical home value is 228.9% above the Houston median of $249,757. ZIP 77027's typical rent is 17.3% above the Houston median of $1,551. ZIP 77027's buyer competition is 8.5% below the Houston median of 47.

Supply, pending activity, and competition

ZIP 77027 is around the 57th percentile of tracked local ZIPs for for-sale inventory. ZIP 77027 is around the 22nd percentile of tracked local ZIPs for buyer competition. 56 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 116 and 159 — a 43-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77046, 77098, 77019, 77056.

Continue your market research

Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Houston

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 77027, in the other tracked markets.