ZIP 77083 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77083 in the Houston housing market is $260,169, with a typical rent of $1,900 per month. That puts the local home-value-to-annual-rent ratio at 11.4.
Key stats
- ZIP 77083 is around the 54th percentile of tracked local ZIPs for home value.
- ZIP 77083 is around the 40th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 11.4.
- 70 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
- $260,169
- Typical rent
- $1,900
- Homes for sale
- 199
- Buyer competition
- 46
- New listings
- 46
- Homes going pending
- 32
- Listings with price cuts
- 27.0%
Price and rent in ZIP 77083
ZIP 77083 is around the 54th percentile of tracked local ZIPs for home value. ZIP 77083 is around the 89th percentile of tracked local ZIPs for rent.
ZIP 77083 home value & rent trend (past 12 months)
Typical home value fell 2.0% over the last 11 months, from $265,521 to $260,169. It rose in 2 of 10 monthly readings. The largest monthly gain was +0.0% in January 2026.
Typical rent fell 2.3% over the last 11 months, from $1,944 to $1,900. It rose in 4 of 10 monthly readings. The largest monthly gain was +3.8% in March 2026.
How ZIP 77083 compares to Houston
ZIP 77083's typical home value is 3.0% above the Houston median of $252,640. ZIP 77083's typical rent is 22.6% above the Houston median of $1,550. ZIP 77083's buyer competition is 2.1% below the Houston median of 47.
How fast homes sell in ZIP 77083
Homes in ZIP 77083 typically go pending in about 74 days — about 12% slower than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77083 is around the 81st percentile of tracked local ZIPs for for-sale inventory. ZIP 77083 is around the 40th percentile of tracked local ZIPs for buyer competition. 70 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 193 and 212 — a 19-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77082, 77072, 77099, 77077.
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 77082 housing marketReview a nearby local market with the same core measures.
- ZIP 77072 housing marketReview a nearby local market with the same core measures.
- ZIP 77099 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 under our editorial policy. Spotted something wrong? Report a correction.