Houston 77007

Houston-The Woodlands-Sugar Land, TX · Harris County, TX · 18,070 properties with county records

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Houston 77007 is in Harris County, TX, part of the Houston Metro. The typical home value in Houston 77007 is $492,518 (Zillow Home Value Index, September 2026), down 3.6% from a year earlier. Homes that sold went under contract in a median 55 days, and 31% of listings took a price cut (Redfin Data Center, period ending Sep 30, 2026). On Lotvox's market-leverage reading of that data, with 6 months of supply, sellers hold a slight edge. The Lotvox Turnover Index is not published for 77007 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Harris County's 130 ZIPs with a Zillow value, the middle one is $256,477, so 77007 sits 92% above the county middle. Typical rent is $1,892 a month (Zillow Observed Rent Index, September 2026). Lotvox holds county assessor records for 18,070 properties in 77007.

Headline value data through September 2026. Each source below carries its own date.

Is 77007 a buyer's or seller's market?

By Lotvox's leverage reading of Redfin data through Sep 30, 2026, 77007 is a seller's market, narrowly. Homes went under contract in a median 55 days with 6 months of supply.

What do homes in 77007 sell for?

The typical home value in 77007 is $492,518 (Zillow Home Value Index, September 2026), down 3.6% in a year. County records put the median at about $227 per square foot (computed Jul 26, 2026).

Who is likely to sell in 77007?

Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 77007 has not passed that test yet. When it does, the score appears here.

How does 77007 compare to Harris County?

77007's typical value of $492,518 compares with a middle value of $256,477 across Harris County's 130 ZIPs. Both are Zillow Home Value Index figures for September 2026.

Where does this 77007 data come from?

Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.

Sources: Zillow Home Value Index (ZHVI) (as of Sep 30, 2026) · Redfin Data Center (as of Sep 30, 2026) · Zillow Observed Rent Index (ZORI) (as of Sep 30, 2026) · county assessor records (counted Oct 27, 2026) · How Lotvox works
Cite as: Lotvox ZIP market record, 77007 Houston, TX, data through September 2026, https://lotvox.com/houston/zip/77007

Listings Flow Ladder — 77007

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 45 listings/mo
balanced 4–6 mo6.0 mo
Faucet — new listings
107/mo
79% of normal (135) · trickle
Basin — active listings
371
71% of normal (519) · balanced
Months of supply
6 mo
derived — not published at this grain
Drain — closed sales
62/mo
63% of normal (99)
Net — faucet minus drain
+45/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 15%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 37%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 18/mofall in the monthly rate (22%)— peak 80/mo (2025-07-31) to 62/mo now
  • 709transactions that did not happen— summed monthly shortfall vs the same-month normal, over 24 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month. A fresher supply-only read (112 new, 405 active, 2026-09-01, Realtor.com inventory (county + ZIP), via Lotvox) is available but is NOT used in the net — that source publishes no closed sales, so subtracting across it would mix two vintages.

Should you buy here?

buyer-timing lens
64affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
23.1%
affordable
Days on market
55
daily
Price cuts
31.3%
of active
Valuation
+61.9%
vs assessor

Days on market and price cuts: Redfin Data Center, rolling 90 days.

Look up an address
Rent vs own — the renter's question first
$1,892
median rent · per month
$3,199
total cost to own · per month
+$1,307
more to own · per month

Rent: Zillow Observed Rent Index (ZORI). Ownership cost: Zillow Home Value Index (ZHVI), 20% down, 30-year loan at the current mortgage rate, plus 1.2% of the price a year.

Rent to price — the investor's question first
21.7×
price to annual rent
Lower is friendlier to a buy-to-let case. This is a ratio of published medians, not a yield on any particular property.

Price: Zillow Home Value Index (ZHVI). Annual rent: 12 months of Zillow Observed Rent Index (ZORI).

46
/100
Mixed
cooling · seller slight · prices easing year-over-year.
Price trend
6
Affordability
95
Valuation
20
Economic health
64

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / seller

buyer-timing lens
42/ 100SellerBalancedBuyer
Balanced Market
DOM: 72d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)50
Days on Market (5%)75

Balanced market in 77007. List price is roughly fair — focus on condition and value. Payment burden: 21.7% of median income. Median days on market: 72. Renting is approximately 87% cheaper than buying (price-to-rent ratio: 22.4).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGSELLER SLIGHT

Market is cooling with expanding inventory. Sellers hold a slight edge. Prices down 3.6% YoY.

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Market snapshot

each number, once
Median price
$492,518
▾ 3.6% YoY
Days on market
55
Redfin
Median rent
$1,892
ZORI
Investor score
33/100
cash-flow lens
Active listings
371
90-day

Median price: Zillow Home Value Index (ZHVI). Median rent: Zillow Observed Rent Index (ZORI). Days on market and active listings: Redfin Data Center, rolling 90 days.

Valuation

3 lenses, different anchors
vs assessor
+61.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$797,200
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+58.8%
County-wide market — the widest, slowest signal.
Harris+58.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$227
Price-to-income3.6×

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How 77007 ranks in TX
percentile vs all Texas ZIPs · n=1763
Market velocity64%
Supply tightness56%
Affordability54%
Investment yield27%
Appreciation15%

Affordability, supply & momentum

23SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply21.0 mo
Days on Market55d
Inv vs History+7.1%
Listing Density16.5/1k
Affordability — payment burden
Monthly payment (P&I)$2,707
Payment burden23.1%
Median income · ZIP$140,878
Mortgage rate7.32% · 30yr
Total monthly own$3,199
Monthly rent$1,892
Market dynamics
Price cut %31.3%
Momentumcooling
LeverageSELLER SLIGHT
Months of supply6
Sales (90d)186
Investment analysis
Median rent$1,892
Price-to-rent21.7
Est. cap rate2.9%
Buy vs rentfavors renting

Livability

Walk score5
Transit score2
Bike score—

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Housing pulse

4 charts, one facade
Payment Shock ≠ Price Crash
23.1%affordable
payment burden — est. P&I $2,707/mo on $492,518 vs median income $140,878
7.32% 30yr fixed (as of 2026-10-22) · 20% down, 30yr fixed
200820172026$0k$150k$300k$450k$600k$0$750$1,500$2,250$3,000
home value (left)est. monthly payment (right)
estimated monthly P&I at the CURRENT rate (7.32% as of 2026-10-22), held constant — 20% down, 30yr fixed
as of 2026-09-30 · Zillow ZHVI + FRED MORTGAGE30US (fred, as of 2026-10-22) + Census median household income
Real Home Values
$492,518in 2026-09 dollars (nominal $492,518)
2002201020172026$0k$200k$400k$600k$800k
real (2026-09 = 100 deflator)nominal
price basis: Zillow ZHVI
as of 2026-09-30 · Zillow ZHVI + CPI (national deflator)
Listings Flow Ladder
New listings
107
Active listings
371
Closed sales
62
Net flow
+45 · filling
months of supply 6.0 (balanced band 4–6)
202420252026202603570140
new listingsclosed sales
as of 2026-09-30 · Redfin market data (county + ZIP), via Lotvox
Migration vs Inventory
county migration (parent)
-12,368net migration (2022-2023), losing — households
in 36,350 · out 48,718 · Harris County, TX (parent county of this ZIP)
20132017202120260150300600
active inventory
as of 2026-07-01 · IRS SOI county-to-county migration flows 2022-2023 + Redfin inventory history

Price bands

mix-shift

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Harris County context

macro · jobs · debt · migration
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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Nearby ZIP codes

Typical home value: Zillow Home Value Index (ZHVI); change is the 12-month change.

Owner stock, age of householder

Tenure by age of householder (ACS B25007) is not published below county. Any ZIP figure here is DERIVED from the county's age-specific owner rates applied to this ZIP's own age structure — never read directly.

Derived — this ZIP
2.8% in 2023
of owner-occupied homes have a householder 75 or older
~9,126 estimated owner households in this ZIP.
Measured — its county
  • Harris9.4% in 2023
ACS B25007, published at county grain.