The story of this market
The typical home in ZIP 77038 sells for about $235,000, or $168 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 77038 — Houston
The 77038 housing market shows stable demand with moderate price appreciation, driven by its affordability relative to the broader Houston metro area. Inventory remains tight, supporting a competitive environment for well-priced single-family homes. Note that specific figures like active inventory and months of supply are based on current market estimates for the ZIP code.
This ZIP code is well-suited for budget-conscious family buyers and workforce commuters seeking proximity to northern Houston employment hubs without the premium pricing of inner-loop neighborhoods.
Median prices moved up 4.2% year over year.
Homes spend a median of 38 days on market with 2.9 months of supply — a fast-moving market.
28% 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 5.8% · poverty 18.2% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 77038, Harris County TX
Crime rates in the 77038 area are generally higher than the national average, with property crime being the most frequently reported incident type. Residents are encouraged to utilize local law enforcement resources for neighborhood-specific safety updates.
Schools serving the 77038 area are primarily part of the Aldine Independent School District, which maintains a diverse student population and offers various specialized academic programs.
The area is located within a region susceptible to heavy rainfall and potential flash flooding, necessitating careful review of flood maps and insurance requirements for property owners.
Economic momentum is driven by proximity to major industrial and logistics hubs in northern Houston, with ongoing residential infill development and infrastructure improvements along the I-45 and Beltway 8 corridors.
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).
Commuters typically rely on I-45 or the Sam Houston Tollway for access to downtown Houston and the surrounding employment centers, with average commute times reflecting typical urban traffic patterns.
The area features several local parks and green spaces, with proximity to larger regional recreational facilities and shopping centers located along the major highway arteries.
The rental market is characterized by steady demand from families and workforce commuters, with a mix of single-family rentals and multi-family complexes maintaining moderate vacancy pressure.
The local economy is anchored by logistics, manufacturing, and service-sector employment, benefiting from its strategic location near major Houston transportation arteries.
The area is served by a network of major highways including I-45 and the Sam Houston Tollway, facilitating regional connectivity.
Development pipeline includes ongoing residential subdivision infill and commercial retail expansion along the primary thoroughfares.
The Harris Central Appraisal District manages property assessments for the area, conducting annual valuations based on market data.
Parcels are subject to various special districts including municipal utility districts (MUDs) and the Aldine Independent School District.
Property insurance premiums in this area are influenced by regional flood risk and windstorm exposure, with market rates reflecting broader Texas coastal insurance trends.
Texas continues to experience strong net domestic migration, driven by job growth and relative housing affordability.
Texas operates as a non-judicial foreclosure state, allowing for relatively efficient processing of defaults under established statutory timelines.
Sellers are required to provide a standard Seller's Disclosure Notice detailing the condition of the property, including known defects and history.
Data retrieved from data.census.gov ZCTA 77038 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Downtown Aquarium4.111.7 mi
- Cidercade Houston4.512.7 mi
- Meow Wolf Houston's Radio Tave4.411.8 mi
- Children's Museum Houston4.614.1 mi
- Dave & Buster's Houston - Katy Fwy4.29.3 mi
- Reliant Stadium4.616.4 mi
- Daikin Park4.712.5 mi
- Toyota Center4.612.7 mi
- George R. Brown Convention Center4.512.7 mi
- POST Houston4.611.7 mi
- Discovery Green4.712.6 mi
- Downtown Aquarium4.111.7 mi
- MemorialPark4.810.6 mi
- Meow Wolf Houston's Radio Tave4.411.8 mi
- Cidercade Houston4.512.7 mi
- Houston Museum of Natural Science4.814.1 mi
- POST Houston4.611.7 mi
- The Museum of Fine Arts, Houston4.813.8 mi
- Meow Wolf Houston's Radio Tave4.411.8 mi
- Children's Museum Houston4.614.1 mi
- Discovery Green4.712.6 mi
- MemorialPark4.810.6 mi
- Buffalo Bayou Park4.711.6 mi
- Meyer Park4.77.6 mi
- Gerald D. Hines Waterwall Park4.712.7 mi
- Memorial Park Golf Course and Driving Range4.510.2 mi
- Topgolf Spring4.49 mi
- East River 94.412.9 mi
- Cypresswood Golf Club4.110.6 mi
- Puttery4.711.3 mi
- The Galleria4.512.5 mi
- Memorial City Mall4.511.1 mi
- Willowbrook Mall4.36.2 mi
- Deerbrook Mall4.312.2 mi
- CITYCENTRE4.611.7 mi
- George Bush Intercontinental Airport48.1 mi
- William P. Hobby Airport4.421.5 mi
- The St. James Restaurant & Cabaret3.84 mi
- Ember3.17.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and recreational facilities for residents.
Offers a variety of retail and dining options along the major corridors.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).