The story of this market
The typical home in ZIP 77504 sells for about $269,623, or $165 per square foot.
Prices are down 1.5% from a year ago, which gives buyers more room to negotiate. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,135 a month.
ZIP 77504 — Pasadena
The 77504 housing market is currently balanced, with a median home value of approximately $269,623 and moderate inventory levels. Price growth has flattened year-over-year, reflecting a cooling trend compared to the rapid appreciation seen in previous years. The market is driven by its affordability relative to the broader Houston metro, making it a steady option for local families and investors.
This ZIP is well-suited for budget-conscious family buyers and investors looking for entry-level housing, as the sub-$300K price point offers a more accessible entry into the Houston market compared to surrounding affluent suburbs.
Median prices moved down 1.5% year over year.
Homes spend a median of 39 days on market with 3.8 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 19.2% — 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 8.0%/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 77504, Harris County TX
Crime rates in the 77504 area are generally higher than the national average, with property and violent crime trends remaining a concern for local residents compared to safer suburban counterparts in the Houston metro.
Schools serving the 77504 area are primarily part of the Pasadena Independent School District, which generally receives mixed performance ratings, with some campuses facing challenges in academic proficiency metrics.
The area is located in a region prone to heavy rainfall and hurricane-related flooding, necessitating flood insurance for many properties; windstorm coverage is also a standard consideration for homeowners in this part of Harris County.
Economic momentum is driven by the proximity to the Houston Ship Channel and industrial sectors in Pasadena and Southeast Houston, though new residential development within the dense 77504 ZIP is limited by existing build-out.
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 rely on personal vehicles for commuting, with access to I-45 and Beltway 8 providing routes toward the Houston employment core, though traffic congestion is common during peak hours.
The area features local community parks and proximity to regional shopping centers in Pasadena, though it lacks large-scale natural preserves or major destination golf courses within its immediate boundaries.
The rental market is characterized by moderate demand and a 5.1% gross rental yield, making it a stable play for investors seeking sub-$300K entry points, though vacancy pressure remains sensitive to local industrial employment shifts.
The economy is heavily influenced by the petrochemical and industrial sectors surrounding the Houston Ship Channel, providing a steady base of blue-collar and technical employment.
Transportation is primarily highway-dependent, with major corridors like I-45 and Beltway 8 facilitating regional movement; public transit options are limited compared to the Houston urban core.
Development is largely focused on infill projects and municipal infrastructure improvements rather than large-scale master-planned communities.
The Harris Central Appraisal District manages property assessments for the area, utilizing mass appraisal techniques to determine market values for tax purposes.
Parcels are subject to taxes from the Pasadena Independent School District, Harris County, and various municipal utility districts responsible for water and flood control.
Property insurance premiums are elevated due to the area's classification as a high-risk zone for wind and flood damage, requiring specialized coverage.
Data retrieved from CensusEasy and DemographicsReports.com; figures reflect ZCTA-level estimates.
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.
- Kemah Boardwalk4.512.8 mi
- Great Wolf Lodge | Webster3.910.4 mi
- Downtown Aquarium4.112.9 mi
- Cidercade Houston4.511.6 mi
- Meow Wolf Houston's Radio Tave4.412.3 mi
- Reliant Stadium4.613.1 mi
- Daikin Park4.712 mi
- Toyota Center4.612.1 mi
- George R. Brown Convention Center4.511.9 mi
- POST Houston4.612.8 mi
- Houston Zoo4.612.5 mi
- Space Center Houston4.69.1 mi
- Houston Museum of Natural Science4.812.6 mi
- Kemah Boardwalk4.512.8 mi
- Discovery Green4.712.1 mi
- Space Center Houston4.69.1 mi
- Houston Museum of Natural Science4.812.6 mi
- POST Houston4.612.8 mi
- The Museum of Fine Arts, Houston4.812.8 mi
- Meow Wolf Houston's Radio Tave4.412.3 mi
- Discovery Green4.712.1 mi
- Hermann Park4.712.4 mi
- Houston Botanic Garden4.65 mi
- Japanese Garden4.712.7 mi
- Sylvan Beach Park4.511.1 mi
- East River 94.411.1 mi
- Topgolf Webster4.410.4 mi
- Gus Wortham Park Golf Course4.38.5 mi
- Hermann Park Golf Course4.312 mi
- Clear Creek Golf Club3.910.7 mi
- Baybrook Mall4.58.1 mi
- Almeda Mall3.92.8 mi
- Joe V's Smart Shop4.63.5 mi
- Randalls4.112.6 mi
- Joe V's Smart Shop4.510.7 mi
- George Bush Intercontinental Airport425.1 mi
- William P. Hobby Airport4.44.9 mi
- The St. James Restaurant & Cabaret3.825.2 mi
- Ember3.124.8 mi
- Vida Taqueria3.824.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A local community park offering green space and recreational facilities.
A major retail hub serving the local area with various dining and shopping options.
Key-figure check: median price diverges 29.9% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: confirmed genuine market swing — the flagged $269,623 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.