The story of this market
The typical home in ZIP 77587 sells for about $275,000, or $145 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 67 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 77587 — South Houston
The South Houston housing market remains stable with a focus on affordability, though it faces pressure from high flood risk and economic sensitivity. Prices have seen a slight year-over-year decline, reflecting a cooling trend in the broader Houston metro area. The market is currently characterized by a buyer's advantage due to increased supply relative to demand.
This ZIP is well-suited for blue-collar workers, families seeking affordable housing, and investors looking for steady rental demand in an established, industrial-adjacent community.
Median prices moved down 2.5% year over year.
Homes spend a median of 67 days on market with 4.2 months of supply — a balanced-paced 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 6.5% · poverty 23.0% — 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 9.5%/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
ZCTA 77587, Harris County TX
Crime rates in South Houston are generally higher than the national average, with property and violent crime trends reflecting the urbanized, industrial nature of the surrounding Harris County region.
Schools serving the area are primarily part of the Pasadena Independent School District, which maintains a diverse student population and faces challenges typical of high-density urban districts.
The area is located in a low-lying coastal plain prone to significant flood risks during heavy rainfall and hurricane events, necessitating mandatory flood insurance for many properties.
Economic momentum is driven by the proximity to the Houston Ship Channel and industrial manufacturing sectors, though new residential development is limited by the area's established, dense grid structure.
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 proximity to I-45 and Beltway 8, providing direct access to the Houston employment core, though traffic congestion is common during peak hours.
The area features local municipal parks and is within a short drive of larger regional recreational facilities and shopping centers in Pasadena and Southeast Houston.
The rental market is characterized by high demand and steady occupancy rates, driven by the area's affordability and proximity to industrial employment hubs.
The economy is heavily anchored by the Houston Ship Channel, with significant employment in manufacturing, logistics, and construction trades.
The area is served by a network of major highways including I-45 and Beltway 8, facilitating regional transit, though public transit options are limited.
Development is largely focused on industrial expansion and small-scale residential infill rather than large-scale master-planned communities.
The Harris Central Appraisal District manages property assessments for the county, utilizing mass appraisal techniques to determine market values for tax purposes.
Parcels are subject to various special districts including Pasadena ISD, Harris County Flood Control, and local municipal utility districts.
Property insurance premiums are elevated due to the area's high flood risk and exposure to Gulf Coast wind events.
Texas is a non-judicial foreclosure state, allowing for relatively rapid foreclosure processes following proper notice requirements.
Texas law requires sellers to provide a written disclosure notice to buyers, detailing the condition of the property and known defects.
Data retrieved from US Census Bureau ZCTA-level tables.
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 Boardwalk4.514.8 mi
- Great Wolf Lodge | Webster3.911.9 mi
- Downtown Aquarium4.111 mi
- Cidercade Houston4.59.7 mi
- Meow Wolf Houston's Radio Tave4.410.5 mi
- Reliant Stadium4.611 mi
- Daikin Park4.710.1 mi
- Toyota Center4.610.2 mi
- George R. Brown Convention Center4.510 mi
- POST Houston4.610.9 mi
- Houston Zoo4.610.4 mi
- Space Center Houston4.610.9 mi
- Houston Museum of Natural Science4.810.5 mi
- Discovery Green4.710.1 mi
- Hermann Park4.710.3 mi
- Space Center Houston4.610.9 mi
- Houston Museum of Natural Science4.810.5 mi
- POST Houston4.610.9 mi
- The Museum of Fine Arts, Houston4.810.7 mi
- Meow Wolf Houston's Radio Tave4.410.5 mi
- Discovery Green4.710.1 mi
- Hermann Park4.710.3 mi
- Buffalo Bayou Park4.711.3 mi
- Japanese Garden4.710.6 mi
- Houston Botanic Garden4.63 mi
- East River 94.49.3 mi
- Wildcat Golf Club4.411.3 mi
- Topgolf Webster4.411.8 mi
- Puttery4.711.6 mi
- Hermann Park Golf Course4.39.9 mi
- Baybrook Mall4.59.4 mi
- Marshalls & HomeGoods4.312.1 mi
- Pearland Town Center4.412.4 mi
- T.J. Maxx4.312.2 mi
- Almeda Mall3.92.6 mi
- George Bush Intercontinental Airport424 mi
- William P. Hobby Airport4.43 mi
- The St. James Restaurant & Cabaret3.823.7 mi
- Ember3.123.6 mi
- Vida Taqueria3.823.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and recreational facilities for residents.
Major economic anchor and historical driver of the region's industrial growth.
Key-figure check: median price diverges 30.3% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $191,774 (-30.3% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.