ZIP 77032 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77032 in the Houston housing market is $189,034, with a typical rent of $1,415 per month. That puts the local home-value-to-annual-rent ratio at 11.1.
Key stats
- ZIP 77032 is around the 16th percentile of tracked local ZIPs for home value.
- ZIP 77032 is around the 57th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 11.1.
- Supply increased while buyer competition eased.
- ZIP 77032's typical home value is 25.2% below the Houston median of $252,640.
- Typical home value
- $189,034
- Typical rent
- $1,415
- Homes for sale
- 17
- Buyer competition
- 48
- New listings
- 5
- Listings with price cuts
- 17.1%
Price and rent in ZIP 77032
ZIP 77032 is around the 16th percentile of tracked local ZIPs for home value. ZIP 77032 is around the 33rd percentile of tracked local ZIPs for rent.
ZIP 77032 home value & rent trend (past 12 months)
Typical home value fell 1.5% over the last 11 months, from $191,968 to $189,034. It rose in 2 of 10 monthly readings. The largest monthly gain was +0.2% in January 2026.
Typical rent fell 1.2% over the last 11 months, from $1,432 to $1,415. It rose in 7 of 10 monthly readings. The largest monthly gain was +4.7% in November 2025.
How ZIP 77032 compares to Houston
ZIP 77032's typical home value is 25.2% below the Houston median of $252,640. ZIP 77032's typical rent is 8.7% below the Houston median of $1,550. ZIP 77032's buyer competition is 2.1% above the Houston median of 47.
Supply, pending activity, and competition
ZIP 77032 is around the 1st percentile of tracked local ZIPs for for-sale inventory. ZIP 77032 is around the 57th percentile of tracked local ZIPs for buyer competition. Supply increased while buyer competition eased. Over the 11 readings on record, inventory moved between 11 and 17 — a 6-point spread across 96 comparable tracked ZIPs. Inventory has moved rising in each of the latest three available monthly readings.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77073, 77039, 77060, 77037.
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.
- Compare 77002 vs 77032Compare this market with another tracked ZIP or peer group.
- Compare 77003 vs 77032Compare this market with another tracked ZIP or peer group.
- Compare 77004 vs 77032Compare this market with another tracked ZIP or peer group.
- ZIP 77073 housing marketReview a nearby local market with the same core measures.
- ZIP 77039 housing marketReview a nearby local market with the same core measures.
- ZIP 77060 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.