ZIP 77056 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77056 in the Houston housing market is $685,164, with a typical rent of $1,663 per month. That puts the local home-value-to-annual-rent ratio at 34.3.
Key stats
- ZIP 77056 is around the 94th percentile of tracked local ZIPs for home value.
- ZIP 77056 is around the 22nd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 34.3.
- 68 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $685,164
- Typical rent
- $1,663
- Homes for sale
- 239
- Buyer competition
- 43
- New listings
- 44
- Homes going pending
- 30
- Listings with price cuts
- 22.3%
Price and rent in ZIP 77056
ZIP 77056 is around the 94th percentile of tracked local ZIPs for home value. ZIP 77056 is around the 59th percentile of tracked local ZIPs for rent.
ZIP 77056 home value & rent trend (past 12 months)
Typical home value rose 2.5% over the past 12 months, from $668,551 to $685,164. It rose in 8 of 11 monthly readings. The largest monthly gain was +0.7% in November 2025.
Typical rent rose 0.2% over the past 12 months, from $1,660 to $1,663. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.1% in February 2026.
How ZIP 77056 compares to Houston
ZIP 77056's typical home value is 174.3% above the Houston median of $249,757. ZIP 77056's typical rent is 7.2% above the Houston median of $1,551. ZIP 77056's buyer competition is 8.5% below the Houston median of 47.
How fast homes sell in ZIP 77056
Homes in ZIP 77056 typically go pending in about 114 days — about 68% slower than the metro median of 68 days.
Supply, pending activity, and competition
ZIP 77056 is around the 91st percentile of tracked local ZIPs for for-sale inventory. ZIP 77056 is around the 22nd percentile of tracked local ZIPs for buyer competition. 68 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 212 and 249 — a 37-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77057, 77027, 77024, 77046.
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 77057 housing marketReview a nearby local market with the same core measures.
- ZIP 77027 housing marketReview a nearby local market with the same core measures.
- ZIP 77024 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.