The story of this market
The typical home in ZIP 77037 sells for about $230,750, or $154 per square foot.
Prices are up +15.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,800 a month.
ZIP 77037 — Houston
The 77037 housing market is characterized by a median sale price of $230,750 and a relatively low inventory of 16 active listings. Market conditions are balanced, with prices showing year-over-year growth despite cooling trends in the broader region. Rental demand remains steady with a median asking rent of $1,800.
This area is primarily suited for budget-conscious buyers and renters seeking affordability relative to the broader Houston metro area.
Median prices moved up 15.4% year over year.
Homes spend a median of 42 days on market with 1.6 months of supply — a fast-moving market.
21% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 31.0% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 77037, Harris County TX
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).
The mean travel time to work for residents is approximately 27.9 minutes.
The rental market shows ongoing demand with a median rent of $1,800 per month.
The local economy is integrated into the broader Houston-The Woodlands-Sugar Land metropolitan area.
Data retrieved from Census Reporter and ACS 5-year tables.
- Downtown Aquarium4.19.1 mi
- Cidercade Houston4.59.9 mi
- Meow Wolf Houston's Radio Tave4.48.9 mi
- Children's Museum Houston4.611.8 mi
- Dave & Buster's Houston - Katy Fwy4.28.4 mi
- Reliant Stadium4.614.4 mi
- Daikin Park4.79.7 mi
- Toyota Center4.610 mi
- George R. Brown Convention Center4.510 mi
- POST Houston4.69 mi
- Houston Zoo4.612.2 mi
- Houston Museum of Natural Science4.811.8 mi
- Discovery Green4.79.9 mi
- Hermann Park4.712.4 mi
- The Museum of Fine Arts, Houston4.811.6 mi
- Houston Museum of Natural Science4.811.8 mi
- POST Houston4.69 mi
- The Museum of Fine Arts, Houston4.811.6 mi
- Meow Wolf Houston's Radio Tave4.48.9 mi
- Children's Museum Houston4.611.8 mi
- Discovery Green4.79.9 mi
- Hermann Park4.712.4 mi
- MemorialPark4.89.1 mi
- Buffalo Bayou Park4.79.1 mi
- Gerald D. Hines Waterwall Park4.711.5 mi
- Memorial Park Golf Course and Driving Range4.58.5 mi
- Topgolf Spring4.410.9 mi
- East River 94.49.9 mi
- Cypresswood Golf Club4.110.6 mi
- Puttery4.78.7 mi
- The Galleria4.511.3 mi
- Memorial City Mall4.511.4 mi
- Willowbrook Mall4.39.6 mi
- Deerbrook Mall4.311.2 mi
- The Houston Farmers Market4.45.8 mi
- George Bush Intercontinental Airport47.7 mi
- William P. Hobby Airport4.418.6 mi
- The St. James Restaurant & Cabaret3.85.1 mi
- Ember3.17.4 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%).