HomeMarketCap.com

ZIP 77034 Houston, TX Housing Market

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

Price, Rent & Competition

$224,482

$1,008

49 index

69

Supply & Market Activity

16

12

21.17%

Area profile & market context

Population

36,456

Population density

992 / sq mi

Latest market movement

Home value (MoM)

-0.20%

Inventory (MoM)

-5.48%

Buyer competition (MoM)

-5.77%

New listings (MoM)

-11.11%

Homes Pending (MoM)

-20.00%

Price cuts share (MoM)

-12.53%

Typical rent (YoY)

+2.61%

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: 12 · MoM: -20.00% · YoY: -

Other local market activity

  • New listings

    Value: 16 · MoM: -11.11% · YoY: -5.88%

  • Homes for sale

    Value: 69 · MoM: -5.48% · YoY: -4.17%

  • Buyer competition

    Value: 49 · MoM: -5.77% · YoY: -5.77%

  • Price cuts share

    Value: 21.17% · MoM: -12.53% · YoY: -25.27%

  • Home sales activity (metro)

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

ZIP 77034 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77034 in the Houston housing market is $224,482, with a typical rent of $1,008 per month. That puts the local home-value-to-annual-rent ratio at 18.6.

Key stats

  • ZIP 77034 is around the 35th percentile of tracked local ZIPs for home value.
  • ZIP 77034 is around the 74th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 18.6.
  • 75 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
$224,482
Typical rent
$1,008
Homes for sale
69
Buyer competition
49
New listings
16
Homes going pending
12
Listings with price cuts
21.2%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 1.9% over 12 months
Typical home value down 1.9% over the last 12 months in ZIP 77034.
Typical rent — past 12 months
Sep 25 – Aug 26
Down 0.5% over 12 months
Typical rent down 0.5% over the last 12 months in ZIP 77034.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 4.2% over 12 months
Homes for sale down 4.2% over the last 12 months in ZIP 77034.
New listings — past 12 months
Sep 25 – Aug 26
Up 0.0% over 12 months
New listings up 0.0% over the last 12 months in ZIP 77034.
Homes going pending — past 12 months
Feb 26 – Aug 26
Up 20.0% over 7 months
Homes going pending up 20.0% over the last 7 months in ZIP 77034.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 0.0% over 12 months
Buyer competition index up 0.0% over the last 12 months in ZIP 77034.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 19.7% over 12 months
Listings with price cuts down 19.7% over the last 12 months in ZIP 77034.

Price and rent in ZIP 77034

ZIP 77034 is around the 35th percentile of tracked local ZIPs for home value. ZIP 77034 is around the 3rd percentile of tracked local ZIPs for rent.

ZIP 77034 home value & rent trend (past 12 months)

Typical home value fell 1.9% over the past 12 months, from $228,924 to $224,482. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.2% in October 2025.

Typical rent fell 0.5% over the past 12 months, from $1,013 to $1,008. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.0% in February 2026.

How ZIP 77034 compares to Houston

ZIP 77034's typical home value is 10.1% below the Houston median of $249,757. ZIP 77034's typical rent is 35.0% below the Houston median of $1,551. ZIP 77034's buyer competition is 4.3% above the Houston median of 47.

Supply, pending activity, and competition

ZIP 77034 is around the 24th percentile of tracked local ZIPs for for-sale inventory. ZIP 77034 is around the 74th percentile of tracked local ZIPs for buyer competition. 75 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 69 and 78 — a 9-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77089, 77075, 77059, 77062.

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 77034, in the other tracked markets.