The story of this market
The typical home in ZIP 77054 sells for about $174,883, or $147 per square foot.
Homes take about 90 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,536 a month.
ZIP 77054 — Houston
The 77054 housing market is characterized by a high volume of multi-family inventory and a relatively low median home price compared to the broader Houston area. Market activity remains modest with limited sales volume and a high reliance on rental housing. Several metrics, including specific tax rates and detailed school ratings, were not available at the ZIP level.
This ZIP is primarily suited for renters and young professionals due to the high concentration of multi-family housing and proximity to employment hubs.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 90 days on market with 0.0 months of supply — a slower-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) · poverty 20.8% — a mixed stability profile.
ZCTA 77054
The area is characterized by a high density of jobs relative to population, with significant multi-family residential development.
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 area is minimally walkable with a Walk Score of 44, necessitating vehicle reliance for most commutes.
The rental market is dominated by multi-family units, with over 75% of housing stock in buildings with 5 or more units.
The area supports approximately 35,785 jobs, indicating a strong employment base relative to its residential population.
Data retrieved from Census Bureau and Houston State of Health portal.
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.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.