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Sarah Mitchell
Compass Real Estate · ZIP 77489
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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77489 ZIP Code Housing Market
$244,500median sale price
What is the 77489 housing market like right now?
The median home sale price in ZIP code 77489 is $244,500, up 2.5% year-over-year. Homes sell in an average of 41 days with 90 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 77489 ZIP code a buyer's or seller's market?
ZIP code 77489 is currently a balanced market and homes selling in about 41 days. How we determine this →
What are the latest 77489 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $244,500 |
| Median list price | $249,700 |
| Year-over-year price change | +2.5% |
| Average days on market | 41 days |
| Active inventory | 90 listings |
| Sale-to-list price ratio | 97.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 77489 zip code, located in Fifth Street, TX, is currently classified as a balanced market. The median sale price stands at $244,500, representing a +2.5% change year over year. Homes in this area spend an average of 41 days on the market before going under contract. There are currently 90 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 77489 sits in the Fifth Street, TX area, roughly 2.2 miles from downtown Fifth Street. Because home prices are set street by street, this ZIP can move differently from Fifth Street's citywide averages. The figures below reflect 77489 specifically — drawn from Redfin transactions, U.S. Census data for its 39,292 residents, and Zillow value estimates.
Homes sold
66
Last 12 weeks
Days on market
41
Average pace
Active listings
90
Sale-to-list
97.5%
Below asking
What is driving the 77489 housing market?
The 77489 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 97.5% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 77489 have increased +2.5% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 77489 stands at $234,247, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,952 per month. This gives a price-to-rent ratio of approximately 10.0, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 77489?
Population
39,292
Median income
$74,689/yr
Median age
36.5 years
Owner-occupied
77.1%
College grads
22.3%
Avg commute
36.43 min
What is it like living in 77489?
Zip code 77489 is home to approximately 39,292 residents. The median household income is $74,689 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 77.1% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 22.3% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 36.43 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 77489.
Which public schools serve ZIP 77489?
7 schools tracked · 3,961 students
The largest public schools serving ZIP code 77489 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
THURGOOD MARSHALL H S
Grades 9-12 · 1,615 students
MISSOURI CITY MIDDLE
Grades 6-8 · 955 students
E A JONES EL
Grades PK-5 · 531 students
EDGAR GLOVER JR EL
Grades K-5 · 348 students
HUNTERS GLEN EARLY LITERACY CENTER
Grades PK-1 · 263 students
HUNTERS GLEN EL
Grades 2-5 · 248 students
EL DAEP
Grades 5 · 1 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 77489
What is the median home price in 77489?
The current median sale price in 77489 is $244,500, based on recent Redfin transaction data. Prices have changed +2.5% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 77489 a buyer's or seller's market?
The 77489 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 77489?
Zip code 77489 has a population of approximately 39,292 residents. The median household income is $74,689 per year. About 77.1% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 77489?
Properties Incorporated provides comprehensive data for 77489 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 77489 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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