The story of this market
The typical home in ZIP 72339 sells for about $323,000, or $207 per square foot.
Prices are up +9.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 72339 — Gilmore
The housing market in 77339 shows signs of steady growth with a 9.1% year-over-year price increase. Demand remains resilient, supported by a low inventory of 142 active listings and a healthy sale-to-list ratio. The market is currently driven by family buyers seeking suburban stability and proximity to regional employment hubs.
This ZIP is well-suited for families seeking suburban living with access to quality schools and outdoor amenities. It also attracts commuters who prioritize a balance between housing affordability and proximity to regional employment hubs.
Median prices moved up 9.1% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 77339, Harris County TX
Crime rates in this area are generally consistent with regional suburban averages, with property crime being the primary concern. Local law enforcement maintains a visible presence to mitigate risks.
The area is served by highly-rated public school districts known for strong academic performance and extensive extracurricular programs. Most schools in the ZIP maintain above-average state accountability ratings.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas. Property insurance premiums are influenced by these environmental factors and regional wind-storm exposure.
Economic momentum is driven by proximity to major employment hubs and ongoing residential expansion. Infrastructure projects are focused on improving traffic flow and utility capacity to support the growing population.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arkansas) — Arkansas Disabled Veteran Total Property Tax Exemption: Provides a 100% exemption from all ad valorem real property taxes on the principal homestead. Formula: Net Ad Valorem Tax Due = $0.00. State (Arkansas) — Arkansas Senior and Disabled Assessment Freeze: Freezes the assessed taxable value of the homestead at the prevailing assessed value at the time the owner becomes eligible or purchases the property. State (Arkansas) — Arkansas State Homestead Property Tax Credit: Provides a direct reduction against ad valorem property taxes up to $350.00 (increased to $350 by Act 655 of 2009; further statutory increases may apply up to $425 depending on legislative session). Formula: Final Tax Due = max($0, Gross Ad Valorem Tax - Homestead Credit). State (Arkansas) — Arkansas Amendment 79 Assessment Growth Caps (Assessment Limitation): Caps annual assessed value growth following a countywide reappraisal: homestead parcel taxable assessments cannot increase by more than 5% per year, and non-homestead residential parcel taxable assessments cannot increase by more than 10% per year until taxable assessment reaches… State (Arkansas) — Arkansas Ad Valorem Property Tax Assessment Ratio and Valuation: Imposes an ad valorem property tax based on a uniform statutory assessment ratio of 20% of true market value.
Residents primarily commute by car to nearby employment centers via major highway corridors. Public transit options are limited, making personal vehicle ownership essential for most commuters.
The area features numerous community parks, walking trails, and access to local lakes for outdoor activities. Shopping and dining options are concentrated in neighborhood centers and nearby retail plazas.
The rental market is characterized by moderate demand and stable vacancy rates. Investors maintain a presence, particularly in single-family rental properties, with rents trending upward in line with regional inflation.
The local economy is supported by a mix of retail, healthcare, and professional services. Proximity to the Houston metropolitan area provides residents with access to a diverse range of major employers.
Transportation is heavily reliant on private vehicles, with access to major regional highways. Public transit infrastructure is minimal, serving primarily as a commuter link to the city center.
Development is focused on residential infill and the expansion of local retail infrastructure. Planning efforts prioritize maintaining suburban character while accommodating population growth.
The county appraisal district conducts annual property valuations to determine tax assessments. Property owners have the right to protest valuations through a formal administrative process.
Parcels are subject to various special districts, including municipal utility districts (MUDs) for water and sewer services, and local school districts.
Property insurance costs are influenced by regional hazard profiles, including flood and wind risks. Market health is stable, though premiums have seen upward pressure due to environmental factors.
The state continues to experience positive net domestic migration, driven by economic growth and a relatively low cost of living compared to other major states.
The state follows a non-judicial foreclosure process, which allows for a relatively efficient timeline for lenders. Statutory notice periods and redemption rights are strictly defined by state law.
Sellers are required to provide a comprehensive property disclosure statement detailing known defects and material conditions. This must be delivered to the buyer prior to the execution of a binding contract.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large community park with sports fields and picnic areas.
Major reservoir providing boating, fishing, and recreational access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.