77040 Home Values & Market Trends

There are 391 homes currently listed for 77040. 77040 real estate market trends show that home prices range from $113,250 to $1,249,500, and the median sales price in the 77040 zip code is $280,000. The total number of properties sold within the past twelve months is 323. In 77040, 27 properties are in foreclosure, 10 are bank owned properties,and 17 are headed for auction.

Housing Market Summary for 77040

Sep 2025September 2026Change
Median Listing Price$322K$317K-1.55%
Median Sold Price$290.5K$271K-6.71%
Homes For Sale32238720.19%
Homes Sold1751792.29%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in 77040

The median list price of a home in Houston, is $280,000. A total of 391 properties are for sale, and the percentage of properties for sale in the zip code is 391.00%. The total count of 77040 properties is 627.

Foreclosure
There are 2 cities within 77040; within these cities, the median estimated home value for homes in foreclosure ranges from $3,215,845 in houston to the lowest value of $35,000 in houston. Foreclosure homes account for 4.00% of properties in 77040 with houston containing 1615 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 77040 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 77040; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 77040 ranges from the highest value of $3,215,845 in houston to the lowest value of $35,000 in houston. Bank owned homes and properties account for 1.59% of properties in 77040. There are 2 cities within 77040; houston containing 692 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    houston has 923 auction properties, the highest number of properties going to auction in a single city in the state of 77040. Auction homes and other auction properties account for 2.71% of all properties in 77040. There are 2 cities within 77040; of those cities, the median estimated home value for homes going to auction ranges from $2,878,898 in houston to the lowest value of $44,000 in houston.
Homes for Sale
Homes and properties that are actively listed for sale account for 62.36% of residential properties in 77040 with houston containing 27023 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 77040; homes for sale in those cities, have a range of median values from $25,500,000 in houston to the lowest value of $31,000 in houston.
    Sold Homes
    The median value for recently sold homes ranges from $19,060,661 in houston to the lowest price of $31,969 in houston. There are 2 cities within 77040. houston has 15955 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 29.03% of properties in 77040.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      77040
      $
      $

      Guide for 77040

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.