The story of this market
The typical home in ZIP 77401 sells for about $950,000, or $345 per square foot.
Prices are roughly flat from a year ago (+0.6%), a market in balance. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,647 a month.
ZIP 77401 — Bellaire
The Bellaire housing market is currently characterized by high-value, stable pricing with a median list price of $1.25 million. While inventory remains tight, the market is seeing a shift toward more selective buyer behavior and increased negotiation room compared to previous years. Overall, the area remains a highly desirable, supply-constrained market driven by its school quality and proximity to major employment hubs.
This ZIP is ideal for affluent families seeking top-tier schools and proximity to major employment centers, as well as professionals looking for a suburban feel within the city limits.
Median prices moved up 0.6% year over year.
Homes spend a median of 82 days on market with 4.2 months of supply — a balanced-paced market.
15% 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 2.8% · poverty 3.5% — 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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 77401, Harris County TX
Bellaire generally maintains a lower crime rate compared to the surrounding Houston metropolitan area, with property crime being the primary concern.
The area is highly regarded for its public schools, which are consistently rated among the best in the region and serve as a primary driver for family relocation.
The ZIP code is located in a region prone to heavy rainfall and flooding events, necessitating flood insurance for many properties.
Economic momentum is driven by its proximity to the Texas Medical Center and the Galleria area, with ongoing infill development of luxury single-family homes.
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 excellent access to major employment hubs like the Texas Medical Center and Downtown Houston via the 610 Loop and I-69.
The area features numerous community parks, including Bellaire Park and Loftin Park, alongside proximity to high-end shopping and dining in the nearby Galleria district.
The rental market is characterized by high demand for single-family homes, with limited inventory and stable rent growth driven by the area's school quality.
The local economy is anchored by professional services, healthcare, and proximity to the Texas Medical Center, which serves as a major regional employer.
The area is served by major highway corridors including the 610 Loop and I-69, providing efficient access to the broader Houston metro area.
Development is focused on high-end residential infill and the modernization of municipal infrastructure to support density.
The Harris Central Appraisal District manages property assessments, which are subject to annual review and protest cycles.
Parcels are subject to Bellaire ISD and Harris County flood control district assessments.
Property insurance premiums are elevated due to regional flood risk and the high replacement cost of luxury residential inventory.
Data retrieved from U.S. Census Bureau ZCTA 77401 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 Aquarium4.17 mi
- Cidercade Houston4.57.8 mi
- Meow Wolf Houston's Radio Tave4.48.3 mi
- Children's Museum Houston4.64.8 mi
- Dave & Buster's Houston - Katy Fwy4.25.6 mi
- Reliant Stadium4.63.4 mi
- Daikin Park4.77.3 mi
- Toyota Center4.66.8 mi
- George R. Brown Convention Center4.57 mi
- POST Houston4.67.2 mi
- Houston Zoo4.64.4 mi
- Houston Museum of Natural Science4.84.5 mi
- Discovery Green4.77 mi
- Hermann Park4.74.4 mi
- The Museum of Fine Arts, Houston4.84.5 mi
- Houston Museum of Natural Science4.84.5 mi
- POST Houston4.67.2 mi
- The Museum of Fine Arts, Houston4.84.5 mi
- Meow Wolf Houston's Radio Tave4.48.3 mi
- Children's Museum Houston4.64.8 mi
- Discovery Green4.77 mi
- Hermann Park4.74.4 mi
- MemorialPark4.84.4 mi
- Buffalo Bayou Park4.76.5 mi
- Gerald D. Hines Waterwall Park4.72.1 mi
- Topgolf Houston - Katy4.412.6 mi
- Memorial Park Golf Course and Driving Range4.55 mi
- East River 94.48.7 mi
- Wildcat Golf Club4.44.8 mi
- Puttery4.76.7 mi
- The Galleria4.52.3 mi
- Memorial City Mall4.56.9 mi
- PlazAmericas4.13.2 mi
- First Colony Mall4.412.5 mi
- CITYCENTRE4.67.8 mi
- George Bush Intercontinental Airport421.1 mi
- William P. Hobby Airport4.411.9 mi
- The St. James Restaurant & Cabaret3.818.3 mi
- Ember3.120.8 mi
- Vida Taqueria3.820.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community park with playgrounds and green space.
Popular local park featuring walking trails and sports facilities.
Local hub for community events and retail.
Key-figure check: median price diverges 31.6% from the nearest retained anchor (published ten-year series (2025)) — 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 $1,250,000 (31.6% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $1,250,000 (+31.6% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.