ZIP 77042 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77042 in the Houston housing market is $268,578, with a typical rent of $1,242 per month. That puts the local home-value-to-annual-rent ratio at 18.0.
Key stats
- ZIP 77042 is around the 60th percentile of tracked local ZIPs for home value.
- ZIP 77042 is around the 15th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 18.0.
- 56 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $268,578
- Typical rent
- $1,242
- Homes for sale
- 224
- Buyer competition
- 42
- New listings
- 45
- Homes going pending
- 25
- Listings with price cuts
- 27.5%
Price and rent in ZIP 77042
ZIP 77042 is around the 60th percentile of tracked local ZIPs for home value. ZIP 77042 is around the 16th percentile of tracked local ZIPs for rent.
ZIP 77042 home value & rent trend (past 12 months)
Typical home value fell 3.0% over the past 12 months, from $276,742 to $268,578. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.1% in June 2026.
Typical rent fell 0.3% over the past 12 months, from $1,246 to $1,242. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.7% in March 2026.
How ZIP 77042 compares to Houston
ZIP 77042's typical home value is 7.5% above the Houston median of $249,757. ZIP 77042's typical rent is 19.9% below the Houston median of $1,551. ZIP 77042's buyer competition is 10.6% below the Houston median of 47.
How fast homes sell in ZIP 77042
Homes in ZIP 77042 typically go pending in about 98 days — about 44% slower than the metro median of 68 days.
Supply, pending activity, and competition
ZIP 77042 is around the 86th percentile of tracked local ZIPs for for-sale inventory. ZIP 77042 is around the 15th percentile of tracked local ZIPs for buyer competition. 56 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 206 and 224 — a 18-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77063, 77079, 77072, 77077.
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 77063 housing marketReview a nearby local market with the same core measures.
- ZIP 77079 housing marketReview a nearby local market with the same core measures.
- ZIP 77072 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.