Houston 77038

Houston-The Woodlands-Sugar Land, TX · Harris County, TX · 8,515 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

56affordability /100

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

Payment burden
26.4%
affordable
Days on market
44
daily
Price cuts
18.6%
of active
Valuation
-67.3%
vs assessor
Look up an address
54
/100
Mixed
cooling · balanced · prices easing year-over-year.
Price trend
42
Affordability
85
Valuation
20
Economic health
56

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

Buyer / sellerbuyer-timing lens

39/ 100SellerBalancedBuyer
Seller's Market
DOM: 47d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)0
Cancellation Rate (10%)75
Days on Market (5%)60

Seller-favored market in 77038. Expect to pay at or near list price. Payment burden: 26.4% of median income. Median days on market: 47.

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 2.2% YoY.

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Market snapshoteach number, once

Median price
$220,799
▾ 2.2% YoY
Days on market
44
daily · zip_data
Median rent
$1,623
ZORI
Investor score
77/100
cash-flow lens
Active listings
22
90-day

Valuation3 lenses, different anchors

vs assessor
-67.3%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$72,151
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+59.7%
County-wide market — the widest, slowest signal.
Harris+59.7%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$130
Price-to-income4.4×

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How 77038 ranks in TX
percentile vs all Texas ZIPs · n=1763
Market velocity76%
Supply tightness78%
Affordability28%
Investment yield86%
Appreciation29%

Affordability, supply & momentum

48SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply17.4 mo
Days on Market44d
Inv vs History-49.5%
Listing Density2.5/1k
Affordability — payment burden
Monthly payment (P&I)$1,115
Payment burden26.4%
Median income · ZIP$50,655
Mortgage rate6.49% · 30yr
Total monthly own$1,336
Monthly rent$1,623
Market dynamics
Price cut %18.6%
Momentumcooling
LeverageBALANCED
Months of supply17.4
Sales (90d)0
Investment analysis
Median rent$1,623
Price-to-rent11.3
Est. cap rate5.7%
Buy vs rentfavors buying

Livability

Walk score3
Transit score2
Bike score—

Historical trends

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Harris County contextmacro · jobs · debt · migration

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

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Houston Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Harris County