Home ValuePros

Market Intelligence · TX / Houston

Houston, TX 77038 Housing Market

The typical home value in Houston's 77038 ZIP code is $220,196, down 1.7% over the past year. The median list price stands at $244,000, with homes taking a median of 47 days to sell as of early August 2026.

Updated August 2026Median value$220K

The median home value in Houston, TX 77038 is $220K as of August 2026, down 0.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 77038 range

$202K to $237K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.8% over 12 months

Typical home value in 77038 over the last 12 months: $221K in Aug 2025 to $220K in Aug 2026 (-0.8%).

Aug 2025$221K

Aug 2026$220K

The numbers

What is the 77038 housing market like?

Typical home value

$220K

Down0.8%YoY

Median list price

$244K

Up0.1%MoM

Days on market

47

Up27.0%MoM

Homes for sale

34

Up17.2%MoM

Price cuts

14.3%

Down17.0%MoM

New listings

12

Up20.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 77038 home prices compare?

  • 77038$219,506
  • Houston$248,191
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Houston: 95 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

The 77038 market shows modest supply with 34 homes currently for sale and 12 new listings as of August 2026. The median asking price of $244,000 sits above the typical home value of $220,196, suggesting some gap between seller expectations and recent valuations. Homes are spending a median of 47 days on the market before sale. Price cuts are appearing on 14.3% of listings, a sign that some sellers are adjusting to softer conditions. For homeowners considering a sale, this is a market where patience and realistic pricing matter.

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