The story of this market
The typical home in ZIP 77502 sells for about $246,000, or $137 per square foot.
Prices are up +6.52% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,260 a month.
ZIP 77502 — Pasadena
The 77502 housing market is showing moderate growth with a median price of $246,000, reflecting a 6.52% year-over-year increase. Low inventory levels and steady demand from local workers are driving competitive conditions, though affordability remains a key factor for many buyers.
This ZIP code is well-suited for families and working professionals seeking affordable housing options with proximity to the industrial employment hubs of Pasadena and Houston.
Median prices moved up 6.5% year over year.
Homes spend a median of 43 days on market with 0.9 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.2% · poverty 25.6% — 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 8.8%/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 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 77502, Harris County TX
Schools in the area are primarily served by the Pasadena Independent School District, which maintains a diverse range of educational facilities.
The area is located in a region prone to hurricane and tropical storm activity, necessitating standard flood and wind insurance coverage.
The local economy is heavily influenced by the nearby Houston Ship Channel and petrochemical industry, providing a stable employment base.
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 typically face a commute of approximately 26 minutes, with access to major thoroughfares connecting to the broader Houston metropolitan area.
The area features local parks and community centers, with proximity to shopping and dining districts along major corridors like Spencer Highway.
The rental market is characterized by steady demand, with a median asking rent of $1,900 per month and a mix of single-family and multi-family options.
The economy is anchored by the petrochemical and maritime industries centered around the Houston Ship Channel.
The area is served by a network of local roads and highways, with limited public transit options compared to the urban core.
Ongoing residential and commercial redevelopment projects are focused on revitalizing older neighborhoods and expanding retail capacity.
The Harris Central Appraisal District manages property assessments for the area, following state-mandated valuation cycles.
Parcels are subject to levies from the Pasadena Independent School District and various municipal utility districts.
Property insurance premiums are influenced by regional hazard risks, including flood and wind exposure.
Texas operates as a non-judicial foreclosure state with relatively short timelines for lender recovery.
Sellers are required to provide a standard property disclosure notice detailing the condition of the home.
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.
- Kemah Boardwalk4.514.3 mi
- Great Wolf Lodge | Webster3.912.4 mi
- Downtown Aquarium4.111.5 mi
- Cidercade Houston4.510.2 mi
- Meow Wolf Houston's Radio Tave4.410.8 mi
- Reliant Stadium4.612.6 mi
- Daikin Park4.710.7 mi
- Toyota Center4.610.8 mi
- George R. Brown Convention Center4.510.6 mi
- POST Houston4.611.5 mi
- Houston Zoo4.611.6 mi
- Space Center Houston4.610.9 mi
- Houston Museum of Natural Science4.811.7 mi
- Discovery Green4.710.8 mi
- Hermann Park4.711.6 mi
- Space Center Houston4.610.9 mi
- Houston Museum of Natural Science4.811.7 mi
- POST Houston4.611.5 mi
- The Museum of Fine Arts, Houston4.811.8 mi
- Meow Wolf Houston's Radio Tave4.410.8 mi
- Discovery Green4.710.8 mi
- Hermann Park4.711.6 mi
- Buffalo Bayou Park4.712 mi
- Japanese Garden4.711.8 mi
- Houston Botanic Garden4.64.1 mi
- East River 94.49.6 mi
- Topgolf Webster4.412.3 mi
- Puttery4.712.1 mi
- Gus Wortham Park Golf Course4.37.1 mi
- Hermann Park Golf Course4.311.1 mi
- Baybrook Mall4.510.1 mi
- Marshalls & HomeGoods4.313 mi
- Almeda Mall3.94.4 mi
- Randalls4.111.4 mi
- Joe V's Smart Shop4.63.2 mi
- George Bush Intercontinental Airport423.1 mi
- William P. Hobby Airport4.45.2 mi
- The St. James Restaurant & Cabaret3.823.3 mi
- Ember3.122.8 mi
- Vida Taqueria3.822.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park offering recreational space and sports facilities.
A major retail and dining hub serving the local community.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).