ZIP 77071 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77071 in the Houston housing market is $235,463, with a typical rent of $1,914 per month. That puts the local home-value-to-annual-rent ratio at 10.3.
Key stats
- ZIP 77071 is around the 40th percentile of tracked local ZIPs for home value.
- ZIP 77071 is around the 94th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.3.
- 50 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
- $235,463
- Typical rent
- $1,914
- Homes for sale
- 118
- Buyer competition
- 57
- New listings
- 24
- Homes going pending
- 12
- Listings with price cuts
- 30.7%
Price and rent in ZIP 77071
ZIP 77071 is around the 40th percentile of tracked local ZIPs for home value. ZIP 77071 is around the 87th percentile of tracked local ZIPs for rent.
ZIP 77071 home value & rent trend (past 12 months)
Typical home value fell 3.0% over the past 12 months, from $242,662 to $235,463. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.1% in January 2026.
Typical rent rose 7.0% over the past 12 months, from $1,788 to $1,914. It rose in 6 of 11 monthly readings. The largest monthly gain was +4.6% in October 2025.
How ZIP 77071 compares to Houston
ZIP 77071's typical home value is 5.7% below the Houston median of $249,757. ZIP 77071's typical rent is 23.3% above the Houston median of $1,551. ZIP 77071's buyer competition is 21.3% above the Houston median of 47.
Supply, pending activity, and competition
ZIP 77071 is around the 50th percentile of tracked local ZIPs for for-sale inventory. ZIP 77071 is around the 94th percentile of tracked local ZIPs for buyer competition. 50 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 82 and 118 — a 36-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77031, 77074, 77096, 77036.
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 77031 housing marketReview a nearby local market with the same core measures.
- ZIP 77074 housing marketReview a nearby local market with the same core measures.
- ZIP 77096 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.