The story of this market
The typical home in ZIP 77096 sells for about $499,500, or $250 per square foot.
Prices are roughly flat from a year ago (+0.2%), a market in balance. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,050 a month.
ZIP 77096 — Houston
The 77096 housing market remains stable with a median home price of $499,500, reflecting steady demand for established neighborhoods near the Texas Medical Center. While inventory levels are moderate, the market is supported by a strong professional workforce and limited new supply. Rent prices have seen significant growth, indicating continued pressure on the rental sector.
This ZIP code is ideal for families and professionals working in the nearby Medical Center who value central location and established neighborhoods. It attracts buyers looking for long-term value in a mature community with strong access to urban amenities.
Median prices moved up 0.2% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
22% 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 3.8% · poverty 9.5% — 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 4.9%/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 3.3%/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 75096, Texas
Crime rates in the 77096 area are generally consistent with broader Houston urban trends, with property crime being the primary concern for residents. Local law enforcement maintains a presence, though residents are encouraged to utilize neighborhood watch programs common in the Meyerland area.
The area is served by the Houston Independent School District, which features a mix of magnet and neighborhood schools with varying performance ratings. Many families in the area prioritize the local elementary schools, which are often viewed as stable anchors for the community.
The 77096 ZIP code is located in a region with significant flood risk, particularly due to its proximity to Brays Bayou. Property owners are frequently required to carry flood insurance, and local infrastructure projects have focused on drainage improvements to mitigate recurring water-related hazards.
Economic momentum is driven by the area's proximity to the Texas Medical Center and the Galleria business district. Development is characterized by infill residential projects and the renovation of older housing stock rather than large-scale greenfield expansion.
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 benefit from direct access to the 610 Loop and I-69, providing efficient transit to the Texas Medical Center and Downtown Houston. Public transit options are limited, making personal vehicle ownership the primary mode of commuting for most residents.
The area features extensive access to the Brays Bayou Greenway Trail system, which provides miles of paved paths for cycling and walking. Nearby amenities include the Meyerland Park and various community shopping centers that serve the immediate residential population.
The rental market is characterized by a mix of single-family homes and apartment complexes, with demand driven by medical professionals and commuters. Rent growth has been significant, reflecting the area's central location and limited supply of new rental inventory.
The local economy is heavily influenced by the nearby Texas Medical Center, one of the world's largest medical complexes, and the broader Houston professional services sector. The area serves as a residential base for a highly educated workforce employed in healthcare, finance, and energy.
The area is well-connected to the Houston highway network via the 610 Loop and I-69, facilitating access to major employment hubs. Public transit is primarily bus-based, with limited connectivity compared to the city's core.
Development is largely focused on residential infill and the modernization of existing commercial retail centers. There are no major stadium or corporate campus builds currently planned within the ZIP code boundaries.
The Harris Central Appraisal District manages property assessments for the area, utilizing mass appraisal techniques to determine market values annually. Property owners have the right to protest valuations through the district's formal appeal process.
Parcels in this ZIP are subject to various special districts, including Houston ISD, Harris County Flood Control District, and potentially municipal utility districts for water and sewer services.
Property insurance premiums in this area are influenced by flood risk designations and the age of housing stock. Market health is stable, though carriers are increasingly sensitive to climate-related risk factors in the Houston region.
Texas continues to see strong net domestic migration, with the Houston metro area remaining a primary destination for both interstate and international movers.
Texas operates as a non-judicial foreclosure state, allowing for relatively expedited processes under the terms of a deed of trust. Statutory notice periods are strictly enforced to protect borrower rights.
Texas law requires sellers to provide a written disclosure notice to buyers, detailing the condition of the property and any known defects. This must be delivered prior to the execution of a binding contract.
Data retrieved from US Census Bureau and local demographic portals.
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 Aquarium4.19.5 mi
- Cidercade Houston4.510.2 mi
- Meow Wolf Houston's Radio Tave4.410.8 mi
- Children's Museum Houston4.66.9 mi
- Dave & Buster's Houston - Katy Fwy4.28.1 mi
- Reliant Stadium4.64.5 mi
- Daikin Park4.79.8 mi
- Toyota Center4.69.2 mi
- George R. Brown Convention Center4.59.4 mi
- POST Houston4.69.7 mi
- Houston Zoo4.66.4 mi
- Houston Museum of Natural Science4.86.7 mi
- Discovery Green4.79.4 mi
- Hermann Park4.76.4 mi
- The Museum of Fine Arts, Houston4.86.8 mi
- Houston Museum of Natural Science4.86.7 mi
- POST Houston4.69.7 mi
- The Museum of Fine Arts, Houston4.86.8 mi
- Meow Wolf Houston's Radio Tave4.410.8 mi
- Children's Museum Houston4.66.9 mi
- Discovery Green4.79.4 mi
- Hermann Park4.76.4 mi
- MemorialPark4.87.1 mi
- Buffalo Bayou Park4.79.1 mi
- Gerald D. Hines Waterwall Park4.74.7 mi
- Topgolf Houston - Katy4.412.9 mi
- Memorial Park Golf Course and Driving Range4.57.7 mi
- East River 94.411.1 mi
- Wildcat Golf Club4.44.3 mi
- Puttery4.79.3 mi
- The Galleria4.54.9 mi
- Memorial City Mall4.58.3 mi
- First Colony Mall4.410.1 mi
- PlazAmericas4.13.2 mi
- CITYCENTRE4.68.9 mi
- George Bush Intercontinental Airport423.9 mi
- William P. Hobby Airport4.412.5 mi
- The St. James Restaurant & Cabaret3.821 mi
- Ember3.123.5 mi
- Vida Taqueria3.823.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional trail system providing extensive walking and cycling paths.
A central retail hub providing grocery, dining, and service options for the community.
A local community park offering green space and recreational facilities.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).