The story of this market
The typical home in ZIP 77036 sells for about $259,676, or $140 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 91 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $995 a month.
ZIP 77036 — Houston
The 77036 housing market is currently balanced, characterized by a high renter population and a stable inventory of mid-century residential properties. Prices have seen a slight year-over-year decline, reflecting a cooling trend in the broader Houston metro area. The market remains highly accessible for investors and renters due to its central location and diverse housing stock.
This ZIP is best suited for renters, budget-conscious families, and international buyers who prioritize urban accessibility, cultural diversity, and proximity to major Houston employment corridors.
Median prices moved down 2.1% year over year.
Homes spend a median of 91 days on market with 4.2 months of supply — a balanced-paced market.
15% 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 5.8% · poverty 21.5% — a mixed stability 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 3.9%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 77036, Harris County TX
The area experiences crime rates typical of dense urban Houston neighborhoods, with property crime being the primary concern; residents are advised to check local precinct reports for specific street-level trends.
Schools in the area are part of the Houston Independent School District, with performance ratings varying significantly across individual campuses.
The area is subject to regional flood risks common to the Houston basin, and property owners should verify their specific parcel's flood zone status and insurance requirements.
The area is a mature, dense urban hub with limited new land development, focusing instead on the revitalization of existing commercial corridors and high-density residential infill.
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).
The ZIP offers high accessibility to major employment hubs like the Galleria and Downtown via the Westpark Tollway and US-59, though peak-hour traffic is significant.
The area is home to the Mahatma Gandhi District and features proximity to Sharpstown Park and various international dining and shopping centers along Bellaire Boulevard.
The rental market is highly active with a renter share exceeding 80%, characterized by a high density of apartment complexes and steady demand for affordable urban housing.
The local economy is driven by retail, service, and hospitality sectors, with strong ties to the broader Houston-The Woodlands-Sugar Land employment market.
The area is served by major highway corridors including US-59 and the Westpark Tollway, facilitating transit to the city's primary business districts.
Development is primarily focused on the renovation of existing multifamily properties and commercial infill within established corridors.
The Harris Central Appraisal District manages property valuations for all parcels within the county, utilizing mass appraisal techniques.
Parcels are subject to various special districts including Houston ISD, Harris County Flood Control, and local utility districts.
Property insurance premiums in this region are influenced by flood risk and the general volatility of the Texas coastal insurance market.
Data retrieved from ZCTA 77036 census profiles.
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 Aquarium4.111 mi
- Cidercade Houston4.512 mi
- Meow Wolf Houston's Radio Tave4.412.3 mi
- Children's Museum Houston4.69.1 mi
- Typhoon Texas Waterpark Houston4.316.9 mi
- Reliant Stadium4.67.6 mi
- Daikin Park4.711.5 mi
- Toyota Center4.610.9 mi
- George R. Brown Convention Center4.511.2 mi
- POST Houston4.611.2 mi
- Houston Zoo4.68.8 mi
- Houston Museum of Natural Science4.88.9 mi
- Discovery Green4.711.1 mi
- Hermann Park4.78.8 mi
- The Museum of Fine Arts, Houston4.88.8 mi
- Houston Museum of Natural Science4.88.9 mi
- POST Houston4.611.2 mi
- The Museum of Fine Arts, Houston4.88.8 mi
- Meow Wolf Houston's Radio Tave4.412.3 mi
- Children's Museum Houston4.69.1 mi
- Discovery Green4.711.1 mi
- Hermann Park4.78.8 mi
- MemorialPark4.87.1 mi
- Buffalo Bayou Park4.710.4 mi
- Gerald D. Hines Waterwall Park4.75 mi
- Topgolf Houston - Katy4.49 mi
- Memorial Park Golf Course and Driving Range4.57.8 mi
- East River 94.412.9 mi
- Wildcat Golf Club4.48 mi
- Puttery4.710.5 mi
- The Galleria4.55 mi
- Memorial City Mall4.55.4 mi
- First Colony Mall4.49.3 mi
- PlazAmericas4.11.2 mi
- CITYCENTRE4.65.6 mi
- George Bush Intercontinental Airport423.2 mi
- William P. Hobby Airport4.416 mi
- The St. James Restaurant & Cabaret3.819.8 mi
- Ember3.122.9 mi
- Vida Taqueria3.823 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A vibrant hub of international cuisine and retail.
Provides local green space and recreational facilities.
Key-figure check: median price diverges 37.4% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $162,622 (37.4% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $162,622 (-37.4% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.