HomeMarketCap.com

ZIP 77059 Houston, TX Housing Market

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

Price, Rent & Competition

$451,263

$2,697

47 index

94

Supply & Market Activity

26

25

31.31%

Area profile & market context

Population

18,767

Population density

785 / sq mi

Latest market movement

Home value (MoM)

+0.27%

Inventory (MoM)

-2.08%

Buyer competition (MoM)

-4.08%

New listings (MoM)

-13.33%

Homes Pending (MoM)

-13.79%

Price cuts share (MoM)

-1.55%

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: 25 · MoM: -13.79% · YoY: 4.17%

Other local market activity

  • New listings

    Value: 26 · MoM: -13.33% · YoY: -7.14%

  • Homes for sale

    Value: 94 · MoM: -2.08% · YoY: -14.55%

  • Buyer competition

    Value: 47 · MoM: -4.08% · YoY: 11.90%

  • Price cuts share

    Value: 31.31% · MoM: -1.55% · YoY: -15.46%

  • Home sales activity (metro)

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

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 $451,263, with a typical rent of $2,697 per month. That puts the local home-value-to-annual-rent ratio at 13.9.

Key stats

  • ZIP 77059 is around the 84th percentile of tracked local ZIPs for home value.
  • ZIP 77059 is around the 61st percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 13.9.
  • 96 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
$451,263
Typical rent
$2,697
Homes for sale
94
Buyer competition
47
New listings
26
Homes going pending
25
Listings with price cuts
31.3%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 0.5% over 12 months
Typical home value down 0.5% over the last 12 months in ZIP 77059.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 8.7% over 12 months
Homes for sale down 8.7% over the last 12 months in ZIP 77059.
New listings — past 12 months
Sep 25 – Aug 26
Up 13.0% over 12 months
New listings up 13.0% over the last 12 months in ZIP 77059.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 8.7% over 12 months
Homes going pending up 8.7% over the last 12 months in ZIP 77059.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 11.9% over 12 months
Buyer competition index up 11.9% over the last 12 months in ZIP 77059.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 6.2% over 12 months
Listings with price cuts down 6.2% over the last 12 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 0.5% over the past 12 months, from $453,675 to $451,263. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.3% in August 2026.

How ZIP 77059 compares to Houston

ZIP 77059's typical home value is 80.7% above the Houston median of $249,757. ZIP 77059's typical rent is 73.8% above the Houston median of $1,551.

Supply, pending activity, and competition

ZIP 77059 is around the 35th percentile of tracked local ZIPs for for-sale inventory. ZIP 77059 is around the 61st percentile of tracked local ZIPs for buyer competition. 96 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 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 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 77059, in the other tracked markets.