The story of this market
The typical home in ZIP 77031 sells for about $267,421, or $117 per square foot.
Prices are roughly flat from a year ago (-0.22%), a market in balance. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,900 a month.
ZIP 77031 — Houston
The 77031 housing market is currently experiencing a period of cooling with a slight year-over-year decline in median home prices. Market activity is relatively slow, with homes spending over a month on the market and limited sales volume. Several metrics, including specific tax rates, school ratings, and detailed demographic breakdowns, are not currently published at the ZIP level.
Median prices moved down 0.2% year over year.
Homes spend a median of 33 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 77031
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).
not determinable
- Downtown Aquarium4.113.1 mi
- Cidercade Houston4.513.9 mi
- Meow Wolf Houston's Radio Tave4.414.4 mi
- Children's Museum Houston4.610.7 mi
- Dave & Buster's Houston - Katy Fwy4.210.2 mi
- Reliant Stadium4.68.4 mi
- Daikin Park4.713.4 mi
- Toyota Center4.612.8 mi
- George R. Brown Convention Center4.513.1 mi
- POST Houston4.613.3 mi
- Houston Zoo4.610.2 mi
- Houston Museum of Natural Science4.810.4 mi
- Hermann Park4.710.2 mi
- The Museum of Fine Arts, Houston4.810.5 mi
- MemorialPark4.89.9 mi
- Houston Museum of Natural Science4.810.4 mi
- POST Houston4.613.3 mi
- The Museum of Fine Arts, Houston4.810.5 mi
- Meow Wolf Houston's Radio Tave4.414.4 mi
- Children's Museum Houston4.610.7 mi
- Hermann Park4.710.2 mi
- MemorialPark4.89.9 mi
- Buffalo Bayou Park4.712.6 mi
- Gerald D. Hines Waterwall Park4.77.5 mi
- Levy Park4.89.1 mi
- Topgolf Houston - Katy4.411 mi
- Memorial Park Golf Course and Driving Range4.510.6 mi
- Wildcat Golf Club4.47.8 mi
- Puttery4.712.8 mi
- Hermann Park Golf Course4.310.6 mi
- The Galleria4.57.6 mi
- Memorial City Mall4.58.6 mi
- First Colony Mall4.46.5 mi
- PlazAmericas4.14 mi
- CITYCENTRE4.68.7 mi
- George Bush Intercontinental Airport426.3 mi
- William P. Hobby Airport4.416.2 mi
- The St. James Restaurant & Cabaret3.823 mi
- Ember3.126 mi
- Vida Taqueria3.826.1 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%).