ZIP 77002

77002 is one of 132 ZIP codes that lie mostly in Harris County, TX.

Shaded by typical home value, it ranks 23 of the 38 nearby ZIPs shown.

3 school locations in 77002: 2 high, 1 other.

In alphabetical order: HARRIS COUNTY JUVENILE DETENTION CENTER, KINDER H S FOR PERFORMING AND VISUAL ARTS, SCHOOL FOR ACCELERATED LRN. Locations only — no ratings are shown here.

In January 2000 the typical home in 77002 was worth $160,013.

Values peaked at $290,658 in September 2023. The latest reading is −15.6% from that peak.

As of August 2026: $245,336, −3.6% over twelve months.

Start with the typical home: $245,336. Put 20% down and borrow $196,269 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,359 a month in principal and interest.

The median household here earns $85,436 a year, $7,120 a month. So the payment takes 19.1% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 12.4% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $958.

In December 2020, with rates at 2.68%, it was $847.

By August 2026, at 6.67%, it was $1,262 — +49% since December 2020, while the home's value moved −6%.

Reported values rose +53% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $315,802. So the real change is −22%, not +53%.

77002: +53% since January 2000.

Harris County: +146% since January 2000.

Texas: +160% since January 2000 — 77002 ran behind it by 107 points.

Against 1,763 Texas ZIP codes, 77002 sits at the 81st percentile for affordability (price vs local income).

15th for appreciation (recent value growth); 87th for rental yield (rent vs price).

Owning the typical home costs about $1,604 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,853 a month.

Price divided by a year's rent: 11.0. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 12 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 62.

Going out — closed sales: about 7 a month. The drain is drawn 27% narrower: the share of homes for sale that sell each month is 73% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 9.3 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 5 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 7 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 7 — so sales ran at 100% of it, and below it in 21 of the last 24 months.

Across Harris County, builders pulled permits for 30,909 new homes in 2025.

Of those, 55% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Harris County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 36,350 moved in. Among the ten receiving the most, 48,718 moved out.

Net across those counties: −12,368 households. Beside it, homes for sale in this ZIP: 62 in June 2026.

Most arrivals came from Fort Bend, TX (11,572 households); most departures went to Fort Bend, TX (14,433).