HomeMarketCap.com

ZIP 77028 Houston, TX Housing Market

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

Price, Rent & Competition

$160,086

$1,622

49 index

93

Supply & Market Activity

15

8

19.76%

Area profile & market context

Population

19,109

Population density

810 / sq mi

Latest market movement

Home value (MoM)

+0.22%

Inventory (MoM)

+1.09%

Buyer competition (MoM)

+6.52%

New listings (MoM)

+7.14%

Homes Pending (MoM)

0.00%

Price cuts share (MoM)

-2.73%

Typical rent (YoY)

+0.58%

How quickly homes are selling

Stable

Direct sale-speed signals look fairly stable for this ZIP right now.

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: 8 · MoM: 0.00% · YoY: -

Other local market activity

  • New listings

    Value: 15 · MoM: 7.14% · YoY: -28.57%

  • Homes for sale

    Value: 93 · MoM: 1.09% · YoY: 0.00%

  • Buyer competition

    Value: 49 · MoM: 6.52% · YoY: -39.51%

  • Price cuts share

    Value: 19.76% · MoM: -2.73% · YoY: -13.50%

  • Home sales activity (metro)

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

ZIP 77028 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77028 in the Houston housing market is $160,086, with a typical rent of $1,622 per month. That puts the local home-value-to-annual-rent ratio at 8.2.

Key stats

  • ZIP 77028 is around the 5th percentile of tracked local ZIPs for home value.
  • ZIP 77028 is around the 74th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 8.2.
  • 53 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
$160,086
Typical rent
$1,622
Homes for sale
93
Buyer competition
49
New listings
15
Homes going pending
8
Listings with price cuts
19.8%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 2.8% over 12 months
Typical home value down 2.8% over the last 12 months in ZIP 77028.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 2.5% over 12 months
Typical rent up 2.5% over the last 12 months in ZIP 77028.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 1.1% over 12 months
Homes for sale up 1.1% over the last 12 months in ZIP 77028.
New listings — past 12 months
Sep 25 – Aug 26
Down 25.0% over 12 months
New listings down 25.0% over the last 12 months in ZIP 77028.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Down 33.8% over 12 months
Buyer competition index down 33.8% over the last 12 months in ZIP 77028.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 10.1% over 12 months
Listings with price cuts down 10.1% over the last 12 months in ZIP 77028.

Price and rent in ZIP 77028

ZIP 77028 is around the 5th percentile of tracked local ZIPs for home value. ZIP 77028 is around the 54th percentile of tracked local ZIPs for rent.

ZIP 77028 home value & rent trend (past 12 months)

Typical home value fell 2.8% over the past 12 months, from $164,755 to $160,086. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.8% in February 2026.

Typical rent rose 2.5% over the past 12 months, from $1,583 to $1,622. It rose in 8 of 11 monthly readings. The largest monthly gain was +1.8% in February 2026.

How ZIP 77028 compares to Houston

ZIP 77028's typical home value is 35.9% below the Houston median of $249,757. ZIP 77028's typical rent is 4.6% above the Houston median of $1,551. ZIP 77028's buyer competition is 4.3% above the Houston median of 47.

Supply, pending activity, and competition

ZIP 77028 is around the 34th percentile of tracked local ZIPs for for-sale inventory. ZIP 77028 is around the 74th percentile of tracked local ZIPs for buyer competition. 53 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 89 and 93 — a 4-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77026, 77016, 77078, 77013.

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 77028, in the other tracked markets.