The story of this market
The typical home in ZIP 77018 sells for about $499,000, or $265 per square foot.
Prices are down 4.94% from a year ago, which gives buyers more room to negotiate. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,347 a month.
ZIP 77018 — Houston
The 77018 housing market shows signs of stabilization with a median sale price of $499,000 and a moderate pace of sales. While year-over-year prices have seen a slight decline, the area remains a desirable location for families and professionals, supported by strong local demand and infill development. Market conditions are currently balanced, with inventory levels providing a stable environment for both buyers and sellers.
This ZIP is ideal for families and professionals seeking a central location with a suburban feel, offering a balance of established neighborhoods and proximity to urban amenities.
Median prices moved down 4.9% year over year.
Homes spend a median of 28 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% 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 4.8%/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 4.4%/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 77018, Harris County TX
Crime rates in the 77018 area are generally consistent with urban Houston averages, with property crime being the primary concern; residents are encouraged to utilize local neighborhood watch resources.
The area is served by the Houston Independent School District, featuring a mix of schools with varying performance ratings; many families prioritize local magnet and charter options.
The ZIP code is located in a region susceptible to heavy rainfall and localized flooding, necessitating flood insurance for many properties; windstorm coverage is also a standard consideration.
The area benefits from its proximity to major employment hubs like the Galleria and Downtown Houston, with ongoing infill development and residential renovation projects driving local momentum.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents enjoy a central location with convenient access to I-610 and US-290, providing relatively efficient commute times to major employment centers in the Houston metro area.
The area features access to several local parks and green spaces, including proximity to TC Jester Park and various hike-and-bike trails, alongside established retail and dining corridors.
The rental market is robust with consistent demand, supported by a mix of single-family rentals and newer multi-family developments; vacancy rates remain low due to the area's central appeal.
The local economy is anchored by the broader Houston energy, medical, and professional services sectors, with many residents commuting to nearby major business districts.
The area is primarily car-dependent, though it benefits from proximity to major highway arteries and limited public transit bus routes.
Development is focused on small-scale infill and the modernization of existing residential infrastructure.
The Harris Central Appraisal District manages property assessments for the county, utilizing mass appraisal techniques to determine market values.
Parcels are subject to various special districts, including municipal utility districts and local flood control authorities.
Property insurance premiums are influenced by regional flood and wind risk, with many homeowners carrying supplemental coverage.
The area continues to see steady population growth as families move into the inner-loop suburbs.
Texas operates as a non-judicial foreclosure state, allowing for relatively expedited processes under the deed of trust.
Sellers are required to provide a standard property disclosure notice detailing the condition of the home and any known defects.
Data retrieved from US Census Bureau and Houston State of Health portal.
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.
- Downtown Aquarium4.15.6 mi
- Cidercade Houston4.56.8 mi
- Meow Wolf Houston's Radio Tave4.46.1 mi
- Children's Museum Houston4.67.7 mi
- Dave & Buster's Houston - Katy Fwy4.23.8 mi
- Reliant Stadium4.610 mi
- Daikin Park4.76.5 mi
- Toyota Center4.66.5 mi
- George R. Brown Convention Center4.56.6 mi
- POST Houston4.65.6 mi
- Houston Zoo4.68 mi
- Houston Museum of Natural Science4.87.6 mi
- Discovery Green4.76.5 mi
- Hermann Park4.78.2 mi
- The Museum of Fine Arts, Houston4.87.4 mi
- Houston Museum of Natural Science4.87.6 mi
- POST Houston4.65.6 mi
- The Museum of Fine Arts, Houston4.87.4 mi
- Meow Wolf Houston's Radio Tave4.46.1 mi
- Children's Museum Houston4.67.7 mi
- Discovery Green4.76.5 mi
- Hermann Park4.78.2 mi
- MemorialPark4.84.4 mi
- Buffalo Bayou Park4.75.4 mi
- Gerald D. Hines Waterwall Park4.76.7 mi
- Memorial Park Golf Course and Driving Range4.53.8 mi
- East River 94.47.2 mi
- Wildcat Golf Club4.412.4 mi
- Puttery4.75.1 mi
- Golf Club of Houston4.211.8 mi
- The Galleria4.56.6 mi
- Memorial City Mall4.57.5 mi
- Willowbrook Mall4.311.4 mi
- PlazAmericas4.110 mi
- CITYCENTRE4.68.7 mi
- George Bush Intercontinental Airport412.4 mi
- William P. Hobby Airport4.415.4 mi
- The St. James Restaurant & Cabaret3.89.6 mi
- Ember3.112.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features extensive hike-and-bike trails and recreational facilities.
A community hub with playgrounds and sports fields.
Local retail and dining area serving the immediate community.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).