Market Intelligence · TX / Houston

Houston, TX 77040 Housing Market

The typical home in Houston 77040 is worth $260,198, down 2.7% over the past year. Homes are listed at a median price of $335,000 and spend a median 45 days on the market.

Updated August 2026Median value$259K

The median home value in Houston, TX 77040 is $259K as of August 2026, down 2.2% 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 77040 range

$238K to $280K

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

-2.2% over 12 months

Typical home value in 77040 over the last 12 months: $265K in Aug 2025 to $259K in Aug 2026 (-2.2%).

Aug 2025$265K

Aug 2026$259K

The numbers

What is the 77040 housing market like?

Typical home value

$259K

Down2.2%YoY

Median list price

$335K

Up5.8%MoM

Days on market

45

Up7.1%MoM

Homes for sale

106

Down2.8%MoM

Price cuts

25.1%

Up10.3%MoM

New listings

28

Up7.7%MoM

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

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The comparison

How do 77040 home prices compare?

  • 77040$259,144
  • 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

There are 106 homes for sale in the ZIP as of August 2026, with 28 new listings added recently. The median list price stands at $335,000, while homes typically stay listed for 45 days. A notable 25.1% of listings have received a price cut, reflecting the softer market conditions. With prices down 2.7% year over year, sellers should expect a buyer's market where negotiation is likely.

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