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Updated July 2026Zillowmonthly

77040 Real Estate Market Update: Houston, TX, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 77040 in Houston, Texas, for July 2026: a $279K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$279K
Median sale price, July 2026
50
Days to pending
ZIP 77040, Houston, TX, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$279K▼ -0.1%n/a
Days to pending50▲ +13.6%n/a
Homes for sale140▲ +5.3%▲ +5.3%
New listings39▼ -4.9%▲ +18.2%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 77040 numbers say

The 77040 ZIP in Houston is leveling off. The median sale price is $279,021, roughly flat year over year. Pace is steady: a typical listing goes under contract in about 50 days, with sellers getting close to list price.

With 140 homes for sale and 39 new listings this month, 77040 is currently an active market.

What this means if you sell in 77040

Use these figures to set expectations early with each client. Lead a listing appointment with the $279K median price and the 50-day pace, show the year-over-year direction, and frame 77040 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 77040 market

We built LOKAL to pull 77040's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $279K median sale price and a -0.1% month-over-month move with 140 homes for sale. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 77040 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 77040 housing market

What is the median home price in ZIP 77040 (Houston, TX)?
As of July 2026, the median sale price in ZIP 77040 is $279,021, per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 77040 a buyer's or seller's market right now?
ZIP 77040 is currently an active market, based on about 50 days on market for July 2026.
How long do homes take to sell in ZIP 77040?
A typical listing in 77040 goes under contract in about 50 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 77040 market data come from?
All figures for 77040 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data credited to its source on every update. LOKAL is independent.

Zoom out: the Houston market

Houston, TX full market update →All Texas markets →All Texas ZIP codes →

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.