The story of this market
The typical home in ZIP 77049 sells for about $290,000, or $155 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 77049 — Houston
The 77049 housing market remains stable with a median listing price of $290K, supported by consistent demand from the local industrial workforce. While inventory levels are moderate, the market is seeing steady year-over-year price growth. Buyers are finding a balanced environment, though affordability remains a key factor due to regional economic conditions.
This ZIP is well-suited for working-class families and commuters seeking relative affordability compared to the inner-loop Houston market, with a strong presence of industrial-sector employees.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
18% 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 20.1% — 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 8.0%/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 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 77049, Harris County TX
Schools in the area are primarily served by the Galena Park and Sheldon ISDs, with performance ratings varying significantly across individual campuses.
The area is located in a region prone to heavy rainfall and hurricane-related flooding, necessitating flood insurance for many properties.
Development is driven by proximity to the Port of Houston and industrial corridors, with ongoing residential expansion in the eastern Houston metro area.
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).
Residents typically face a 29-minute average commute, primarily relying on I-10 and Beltway 8 for access to downtown Houston and the Ship Channel employment hubs.
The area features access to local community parks and is within reach of the San Jacinto River and various regional greenbelts for outdoor recreation.
The rental market is characterized by steady demand from the local workforce, with a mix of single-family rentals and multi-family complexes.
The economy is heavily anchored by the Port of Houston, petrochemical industries, and logistics/warehousing sectors.
The area is served by major highway corridors including I-10 and Beltway 8, facilitating regional transit.
Development is focused on residential infill and expansion of industrial support infrastructure.
The Harris Central Appraisal District manages property assessments for the county.
Parcels are subject to various MUDs and school district taxes, including Sheldon ISD and Galena Park ISD.
Property insurance premiums are elevated due to regional flood and windstorm risk profiles.
Data retrieved from Census Reporter and ACS 5-year profiles.
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.
Provides regional outdoor recreation and fishing access.
Various neighborhood-level parks serving residential subdivisions.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.