Market Intelligence · TX / Houston

Houston, TX 77038 Housing Market

The typical home value in Houston's 77038 ZIP is $216,426, down 0.1% over the past year. Homes are listing at a median of $245,499 and staying on market for a median of 53 days.

Updated September 2026Median value$216K

The median home value in Houston, TX 77038 is $216K as of September 2026, down 0.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your Houston home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 77038 range

$199K to $234K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 77038 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Houston, TX.

12-month value trend

-0.1% over 12 months

Sep 2025$217K

Low $215KHigh $217K

Sep 2026$216K

The numbers

What is the 77038 housing market like?

As of September 2026

Typical home value

$216K

0.1%YoY

Median list price

$245K

0.6%MoM

Days on market

12.8%MoM

Homes for sale

17.6%MoM

Price cuts

7.0%

51.3%MoM

New listings

0.0%MoM

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

The outlook

77038 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 77038 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 77038 fell 0.1%, per the Zillow Home Value Index.

Will home prices drop in 77038?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 77038 to stay roughly flat by September 2027 (up 0.1%), after a 0.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 77038 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 77038 home prices compare?

77038$216,426
Houston$247,856
Texas$258,447
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Houston: 95 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 40 homes for sale in 77038, with 12 new listings added recently. The median time to sell stands at 53 days, suggesting a moderate pace of activity. Only 7.0% of listings have seen a price cut, which is relatively low given the slight decline in typical home values. For sellers, this means the market is neither flushed with inventory nor heavily stalled, but conditions are measured enough that pricing strategy matters.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $43,285

Term

Rate (%)

Common questions

What people ask us.

What is a typical home worth in 77038?

Typical home values in 77038 are $216,426 as of September 2026, down 0.1% from the prior year.

How long do homes take to sell in 77038?

The median time on market is 53 days as of September 2026.

How many homes are currently for sale in 77038?

There are 40 homes for sale as of September 2026, with 12 new listings in that period.

Discover

Nearby ZIP markets.

Keep reading