HomeMarketCap.com

ZIP 77059 Houston, TX Housing Market

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

77059Houston area

Price, Rent & Competition

$456,148

$2,565

49 index

96

Supply & Market Activity

30

29

31.91%

52 days

Area profile & market context

Population

18,767

Population density

785 / sq mi

Latest market movement

Home value (MoM)

+0.17%

Inventory (MoM)

+2.13%

Buyer competition (MoM)

0.00%

New listings (MoM)

-6.25%

Homes Pending (MoM)

-3.33%

Price cuts share (MoM)

+6.65%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary combines homes going pending and sale speed (days to pending). 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: 29 · MoM: -3.33% · YoY: 3.57%

  • Sale speed (days to pending)

    Value: 52 · MoM: 15.56% · YoY: -

Other local market activity

  • New listings

    Value: 30 · MoM: -6.25% · YoY: -11.76%

  • Homes for sale

    Value: 96 · MoM: 2.13% · YoY: -17.24%

  • Buyer competition

    Value: 49 · MoM: 0.00% · YoY: 13.95%

  • Price cuts share

    Value: 31.91% · MoM: 6.65% · YoY: -13.86%

  • Home sales activity (metro)

    Value: 6,512 · MoM: -3.74% · YoY: 3.86%

ZIP 77059 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77059 in the Houston housing market is $456,148, with a typical rent of $2,565 per month. That puts the local home-value-to-annual-rent ratio at 14.8.

Key stats

  • ZIP 77059 is around the 84th percentile of tracked local ZIPs for home value.
  • ZIP 77059 is around the 64th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 14.8.
  • 97 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
$456,148
Typical rent
$2,565
Homes for sale
96
Buyer competition
49
New listings
30
Homes going pending
29
Listings with price cuts
31.9%
Typical home value — past 12 months
Sep 25Jul 26
Down 0.8% over 11 months
Typical home value down 0.8% over the last 11 months in ZIP 77059.
Homes for sale — past 12 months
Sep 25Jul 26
Down 6.8% over 11 months
Homes for sale down 6.8% over the last 11 months in ZIP 77059.
New listings — past 12 months
Sep 25Jul 26
Up 30.4% over 11 months
New listings up 30.4% over the last 11 months in ZIP 77059.
Homes going pending — past 12 months
Sep 25Jul 26
Up 26.1% over 11 months
Homes going pending up 26.1% over the last 11 months in ZIP 77059.
Buyer competition index — past 12 months
Sep 25Jul 26
Up 16.7% over 11 months
Buyer competition index up 16.7% over the last 11 months in ZIP 77059.
Listings with price cuts — past 12 months
Sep 25Jul 26
Down 4.4% over 11 months
Listings with price cuts down 4.4% over the last 11 months in ZIP 77059.

Price and rent in ZIP 77059

ZIP 77059 is around the 84th percentile of tracked local ZIPs for home value. ZIP 77059 is among the highest of tracked local ZIPs for rent.

ZIP 77059 home value & rent trend (past 12 months)

Typical home value fell 0.8% over the last 11 months, from $459,809 to $456,148. It rose in 4 of 10 monthly readings. The largest monthly gain was +0.2% in July 2026.

How ZIP 77059 compares to Houston

ZIP 77059's typical home value is 80.6% above the Houston median of $252,640. ZIP 77059's typical rent is 65.4% above the Houston median of $1,550. ZIP 77059's buyer competition is 4.3% above the Houston median of 47.

How fast homes sell in ZIP 77059

Homes in ZIP 77059 typically go pending in about 52 days — about 21% faster than the metro median of 66 days.

Supply, pending activity, and competition

ZIP 77059 is around the 38th percentile of tracked local ZIPs for for-sale inventory. ZIP 77059 is around the 64th percentile of tracked local ZIPs for buyer competition. 97 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 11 readings on record, inventory moved between 68 and 103 — a 35-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77062, 77058, 77034, 77089.

Continue your market research

Sources and method

Figures are updated monthly 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 77059, in the other tracked markets.