The story of this market
The typical home in ZIP 77007 sells for about $524,844, or $231 per square foot.
Prices are down 7.8% from a year ago, which gives buyers more room to negotiate. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $2,250 a month.
ZIP 77007 — Houston
The 77007 housing market is currently experiencing a cooling phase with median prices declining 7.8% year-over-year to $524,844. Days on market have increased significantly to 40 days, indicating a slowdown in buyer demand. Several metrics, including rent and tax rates, were not determinable at the ZIP level.
Median prices moved down 7.8% year over year.
Homes spend a median of 40 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 77007, Texas
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Data sourced from Data Commons and Census Bureau profiles.
- Downtown Aquarium4.13.3 mi
- Cidercade Houston4.54.6 mi
- Meow Wolf Houston's Radio Tave4.44.4 mi
- Children's Museum Houston4.64.3 mi
- Dave & Buster's Houston - Katy Fwy4.22.8 mi
- Reliant Stadium4.66.4 mi
- Daikin Park4.74.1 mi
- Toyota Center4.63.9 mi
- George R. Brown Convention Center4.54.1 mi
- POST Houston4.63.4 mi
- Houston Zoo4.64.6 mi
- Houston Museum of Natural Science4.84.2 mi
- Discovery Green4.74 mi
- Hermann Park4.74.7 mi
- The Museum of Fine Arts, Houston4.83.9 mi
- Houston Museum of Natural Science4.84.2 mi
- POST Houston4.63.4 mi
- The Museum of Fine Arts, Houston4.83.9 mi
- Meow Wolf Houston's Radio Tave4.44.4 mi
- Children's Museum Houston4.64.3 mi
- Discovery Green4.74 mi
- Hermann Park4.74.7 mi
- MemorialPark4.81.5 mi
- Buffalo Bayou Park4.72.8 mi
- Gerald D. Hines Waterwall Park4.73.7 mi
- Memorial Park Golf Course and Driving Range4.50.8 mi
- East River 94.45.4 mi
- Wildcat Golf Club4.48.8 mi
- Puttery4.72.7 mi
- Hermann Park Golf Course4.34.8 mi
- The Galleria4.53.7 mi
- Memorial City Mall4.57.1 mi
- PlazAmericas4.17.5 mi
- CITYCENTRE4.68.3 mi
- The Houston Farmers Market4.43.3 mi
- George Bush Intercontinental Airport415.7 mi
- William P. Hobby Airport4.412.5 mi
- The St. James Restaurant & Cabaret3.813.2 mi
- Ember3.115.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).