HomeMarketCap.com

ZIP 77079 Houston, TX Housing Market

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

Price, Rent & Competition

$745,679

$1,551

47 index

165

Supply & Market Activity

44

30

29.08%

36 days

Area profile & market context

Population

37,276

Population density

1,861 / sq mi

Latest market movement

Home value (MoM)

+1.00%

Inventory (MoM)

0.00%

Buyer competition (MoM)

-9.62%

New listings (MoM)

-16.98%

Homes Pending (MoM)

-14.29%

Price cuts share (MoM)

+5.28%

Typical rent (YoY)

-3.22%

How quickly homes are selling

Mixed signals

Direct sale-speed signals are mixed for this ZIP right now.

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: 30 · MoM: -14.29% · YoY: -28.57%

  • Sale speed (days to pending)

    Value: 36 · MoM: -2.70% · YoY: -

Other local market activity

  • New listings

    Value: 44 · MoM: -16.98% · YoY: -8.33%

  • Homes for sale

    Value: 165 · MoM: 0.00% · YoY: -4.07%

  • Buyer competition

    Value: 47 · MoM: -9.62% · YoY: 6.82%

  • Price cuts share

    Value: 29.08% · MoM: 5.28% · YoY: 0.75%

  • Home sales activity (metro)

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

ZIP 77079 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77079 in the Houston housing market is $745,679, with a typical rent of $1,551 per month. That puts the local home-value-to-annual-rent ratio at 40.1.

Key stats

  • ZIP 77079 is around the 97th percentile of tracked local ZIPs for home value.
  • ZIP 77079 is around the 61st percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 40.1.
  • 68 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
$745,679
Typical rent
$1,551
Homes for sale
165
Buyer competition
47
New listings
44
Homes going pending
30
Listings with price cuts
29.1%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 6.4% over 12 months
Typical home value up 6.4% over the last 12 months in ZIP 77079.
Typical rent — past 12 months
Sep 25 – Aug 26
Down 3.2% over 12 months
Typical rent down 3.2% over the last 12 months in ZIP 77079.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 0.6% over 12 months
Homes for sale up 0.6% over the last 12 months in ZIP 77079.
New listings — past 12 months
Sep 25 – Aug 26
Down 2.2% over 12 months
New listings down 2.2% over the last 12 months in ZIP 77079.
Homes going pending — past 12 months
Sep 25 – Aug 26
Down 23.1% over 12 months
Homes going pending down 23.1% over the last 12 months in ZIP 77079.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 6.8% over 12 months
Buyer competition index up 6.8% over the last 12 months in ZIP 77079.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 5.4% over 12 months
Listings with price cuts down 5.4% over the last 12 months in ZIP 77079.

Price and rent in ZIP 77079

ZIP 77079 is around the 97th percentile of tracked local ZIPs for home value. ZIP 77079 is around the 50th percentile of tracked local ZIPs for rent.

ZIP 77079 home value & rent trend (past 12 months)

Typical home value rose 6.4% over the past 12 months, from $700,891 to $745,679. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.0% in August 2026.

Typical rent fell 3.2% over the past 12 months, from $1,603 to $1,551. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.2% in March 2026.

How ZIP 77079 compares to Houston

ZIP 77079's typical home value is 198.6% above the Houston median of $249,757.

How fast homes sell in ZIP 77079

Homes in ZIP 77079 typically go pending in about 36 days — about 47% faster than the metro median of 68 days.

Supply, pending activity, and competition

ZIP 77079 is around the 68th percentile of tracked local ZIPs for for-sale inventory. ZIP 77079 is around the 61st percentile of tracked local ZIPs for buyer competition. 68 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 117 and 165 — a 48-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77077, 77043, 77042, 77082.

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 77079, in the other tracked markets.