The story of this market
The typical home in ZIP 77063 sells for about $281,300, or $205 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 77063 — Houston
The 77063 housing market remains stable with steady demand driven by its central location and proximity to major employment hubs. While inventory levels are sufficient, the high renter-occupancy rate and ongoing infill development continue to shape the local real estate landscape. Market conditions are currently balanced, reflecting consistent interest from both investors and residents.
This ZIP is ideal for young professionals, commuters, and renters who prioritize proximity to major employment hubs like the Galleria and Westchase, as well as those seeking an urban lifestyle with convenient access to city amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 18.6% — 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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 77063, Harris County TX
Crime rates in the 77063 area are generally consistent with broader urban Houston trends, with property crime being the primary concern; residents are advised to utilize local precinct resources for specific neighborhood safety updates.
Schools serving the area are part of the Houston Independent School District, with performance ratings varying significantly by campus; families are encouraged to verify specific school assignments via the district's official portal.
The area is subject to regional flood risks common to the Houston basin, necessitating flood insurance for many properties; residents should consult FEMA flood maps for specific parcel-level exposure.
The area benefits from its proximity to the Westchase District and the Galleria, serving as a hub for corporate offices and professional services with ongoing infill development.
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 excellent access to major employment corridors via the I-10 and I-610 freeways, facilitating relatively efficient commutes to the Galleria and Downtown Houston.
The area is well-served by local parks and is within a short drive of the extensive shopping, dining, and entertainment venues at the Galleria and surrounding retail districts.
The rental market is highly active with a significant inventory of multi-family units and townhomes, reflecting a high renter-occupancy rate and steady demand from young professionals.
The economy is anchored by the energy, professional services, and retail sectors, with significant employment density in the nearby Westchase and Galleria business districts.
The area is served by a network of major highways including I-10 and I-610, with public transit options provided by METRO Houston.
Development is characterized by ongoing multi-family residential infill and commercial revitalization projects along major thoroughfares.
The Harris Central Appraisal District manages property assessments for the county, utilizing mass appraisal techniques to determine market values for taxation.
Parcels are subject to various special districts including school, municipal, and utility districts that provide essential services and infrastructure.
Property insurance premiums are influenced by regional flood and wind risk factors, with many properties requiring specialized coverage.
Data retrieved from Census Reporter and ACS 2024 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 Aquarium4.19.6 mi
- Cidercade Houston4.510.8 mi
- Meow Wolf Houston's Radio Tave4.410.9 mi
- Children's Museum Houston4.68.4 mi
- Typhoon Texas Waterpark Houston4.317 mi
- Reliant Stadium4.67.8 mi
- Daikin Park4.710.3 mi
- Toyota Center4.69.8 mi
- George R. Brown Convention Center4.510 mi
- POST Houston4.69.8 mi
- Houston Zoo4.68.2 mi
- Houston Museum of Natural Science4.88.2 mi
- Discovery Green4.710 mi
- Hermann Park4.78.3 mi
- The Museum of Fine Arts, Houston4.88.1 mi
- Houston Museum of Natural Science4.88.2 mi
- POST Houston4.69.8 mi
- The Museum of Fine Arts, Houston4.88.1 mi
- Meow Wolf Houston's Radio Tave4.410.9 mi
- Children's Museum Houston4.68.4 mi
- Discovery Green4.710 mi
- Hermann Park4.78.3 mi
- MemorialPark4.85.4 mi
- Buffalo Bayou Park4.79.1 mi
- Gerald D. Hines Waterwall Park4.73.8 mi
- Topgolf Houston - Katy4.48.2 mi
- Memorial Park Golf Course and Driving Range4.56 mi
- East River 94.411.7 mi
- Wildcat Golf Club4.48.9 mi
- Puttery4.79.1 mi
- The Galleria4.53.7 mi
- Memorial City Mall4.53.1 mi
- PlazAmericas4.12.2 mi
- First Colony Mall4.411.7 mi
- CITYCENTRE4.63.6 mi
- George Bush Intercontinental Airport420.8 mi
- William P. Hobby Airport4.416.2 mi
- The St. James Restaurant & Cabaret3.817.3 mi
- Ember3.120.5 mi
- Vida Taqueria3.820.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
World-class shopping and dining district located just minutes away.
Major employment and commercial hub bordering the ZIP.
Various neighborhood parks providing green space and walking trails.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).