HomeMarketCap.com

ZIP 77088 Houston, TX Housing Market

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

Price, Rent & Competition

$213,715

$1,718

60 index

166

Supply & Market Activity

38

25

20.85%

68 days

Area profile & market context

Population

57,047

Population density

1,985 / sq mi

Latest market movement

Home value (MoM)

-0.09%

Inventory (MoM)

+2.47%

Buyer competition (MoM)

+1.69%

New listings (MoM)

+18.75%

Homes Pending (MoM)

+8.70%

Price cuts share (MoM)

-6.81%

Typical rent (YoY)

+0.43%

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: 25 · MoM: 8.70% · YoY: 13.64%

  • Sale speed (days to pending)

    Value: 68 · MoM: 1.49% · YoY: -11.69%

Other local market activity

  • New listings

    Value: 38 · MoM: 18.75% · YoY: 0.00%

  • Homes for sale

    Value: 166 · MoM: 2.47% · YoY: -4.05%

  • Buyer competition

    Value: 60 · MoM: 1.69% · YoY: -1.64%

  • Price cuts share

    Value: 20.85% · MoM: -6.81% · YoY: -33.45%

  • Home sales activity (metro)

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

ZIP 77088 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77088 in the Houston housing market is $213,715, with a typical rent of $1,718 per month. That puts the local home-value-to-annual-rent ratio at 10.4.

Key stats

  • ZIP 77088 is around the 30th percentile of tracked local ZIPs for home value.
  • ZIP 77088 is around the 98th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 10.4.
  • 66 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
$213,715
Typical rent
$1,718
Homes for sale
166
Buyer competition
60
New listings
38
Homes going pending
25
Listings with price cuts
20.8%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 1.1% over 12 months
Typical home value down 1.1% over the last 12 months in ZIP 77088.
Typical rent — past 12 months
Sep 25 – Aug 26
Down 0.9% over 12 months
Typical rent down 0.9% over the last 12 months in ZIP 77088.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 5.7% over 12 months
Homes for sale down 5.7% over the last 12 months in ZIP 77088.
New listings — past 12 months
Sep 25 – Aug 26
Up 2.7% over 12 months
New listings up 2.7% over the last 12 months in ZIP 77088.
Homes going pending — past 12 months
Sep 25 – Aug 26
Down 3.8% over 12 months
Homes going pending down 3.8% over the last 12 months in ZIP 77088.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Down 9.1% over 12 months
Buyer competition index down 9.1% over the last 12 months in ZIP 77088.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 29.9% over 12 months
Listings with price cuts down 29.9% over the last 12 months in ZIP 77088.

Price and rent in ZIP 77088

ZIP 77088 is around the 30th percentile of tracked local ZIPs for home value. ZIP 77088 is around the 64th percentile of tracked local ZIPs for rent.

ZIP 77088 home value & rent trend (past 12 months)

Typical home value fell 1.1% over the past 12 months, from $216,087 to $213,715. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.3% in January 2026.

Typical rent fell 0.9% over the past 12 months, from $1,734 to $1,718. It rose in 5 of 11 monthly readings. The largest monthly gain was +2.6% in May 2026.

How ZIP 77088 compares to Houston

ZIP 77088's typical home value is 14.4% below the Houston median of $249,757. ZIP 77088's typical rent is 10.7% above the Houston median of $1,551. ZIP 77088's buyer competition is 27.7% above the Houston median of 47.

How fast homes sell in ZIP 77088

Homes in ZIP 77088 typically go pending in about 68 days — in line with the metro median.

Supply, pending activity, and competition

ZIP 77088 is around the 69th percentile of tracked local ZIPs for for-sale inventory. ZIP 77088 is around the 98th percentile of tracked local ZIPs for buyer competition. 66 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 162 and 190 — a 28-point spread across 96 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 77091, 77092, 77037, 77038.

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 77088, in the other tracked markets.