The story of this market
The typical home in ZIP 77503 sells for about $225,000, or $168 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 77503 — Pasadena
The 77503 housing market is currently balanced, with prices stabilizing after a period of rapid growth. Demand remains steady, supported by the local industrial base, though high insurance costs and flood risk remain key considerations for buyers.
This ZIP is well-suited for industrial-sector workers and budget-conscious families seeking proximity to the Houston Ship Channel employment core.
Median prices moved down 2.4% year over year.
Homes spend a median of 52 days on market with 3.2 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 14.8% — 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 5.8%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 77503, Harris County TX
Crime rates in Pasadena are generally higher than the national average, with property crime being the most frequently reported issue in this industrial-adjacent corridor.
Schools serving the area are primarily part of the Pasadena Independent School District, which maintains a diverse student population and varying performance ratings across its campuses.
The area is located in a high-risk flood zone due to its proximity to the Houston Ship Channel and coastal bayous, necessitating mandatory flood insurance for many properties.
Economic momentum is heavily tied to the petrochemical and maritime industries along the Houston Ship Channel, providing a stable but cyclical 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 commute by car via I-45 or Beltway 8 to reach employment hubs in Downtown Houston or the industrial zones of the Ship Channel.
Local amenities include several municipal parks and proximity to the Armand Bayou Nature Center, with major retail and dining options concentrated along Fairmont Parkway.
The rental market is characterized by high demand from industrial workers, with steady rent growth and low vacancy rates for workforce housing.
The economy is anchored by the petrochemical industry, with major employers including various refineries and logistics firms along the Houston Ship Channel.
The area is served by a network of major highways including I-45 and Beltway 8, facilitating heavy industrial and commuter traffic.
Development is largely focused on industrial expansion and infrastructure upgrades to support the maritime sector.
The Harris Central Appraisal District manages property assessments, which are subject to annual protests and homestead exemptions.
Parcels are subject to taxes from the Pasadena ISD, Harris County, and various municipal utility districts (MUDs) providing water and sewer services.
Property insurance premiums are elevated due to high flood risk and exposure to hurricane-force winds in the Gulf Coast region.
Texas continues to see strong net domestic migration, driven by job growth in the energy and manufacturing sectors.
Texas is a non-judicial foreclosure state, allowing for relatively fast lender recovery timelines.
Sellers are required to provide a standard Seller's Disclosure Notice detailing the condition of the property and known defects.
Data retrieved from data.census.gov 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 Boardwalk4.513.1 mi
- Great Wolf Lodge | Webster3.912.4 mi
- Downtown Aquarium4.113.4 mi
- Cidercade Houston4.512.1 mi
- Meow Wolf Houston's Radio Tave4.412.5 mi
- Reliant Stadium4.615.1 mi
- Daikin Park4.712.6 mi
- Toyota Center4.612.8 mi
- George R. Brown Convention Center4.512.6 mi
- POST Houston4.613.3 mi
- Space Center Houston4.610.5 mi
- Discovery Green4.712.7 mi
- Great Wolf Lodge | Webster3.912.4 mi
- Cidercade Houston4.512.1 mi
- Meow Wolf Houston's Radio Tave4.412.5 mi
- Space Center Houston4.610.5 mi
- Houston Museum of Natural Science4.814 mi
- POST Houston4.613.3 mi
- The Museum of Fine Arts, Houston4.814.1 mi
- Meow Wolf Houston's Radio Tave4.412.5 mi
- Discovery Green4.712.7 mi
- Houston Botanic Garden4.66.6 mi
- Sylvan Beach Park4.59.4 mi
- Smither Park4.710.1 mi
- Clear Lake Park4.710.5 mi
- East River 94.411.4 mi
- Topgolf Webster4.412.4 mi
- Gus Wortham Park Golf Course4.39.1 mi
- The Battleground Golf Course3.61.4 mi
- Bay Oaks Country Club4.57.3 mi
- Baybrook Mall4.510.5 mi
- Almeda Mall3.96.5 mi
- Joe V's Smart Shop4.61.3 mi
- Joe V's Smart Shop4.57.9 mi
- Cole's Flea Market4.310.5 mi
- George Bush Intercontinental Airport423.4 mi
- William P. Hobby Airport4.47.8 mi
- The St. James Restaurant & Cabaret3.824 mi
- Ember3.123 mi
- Vida Taqueria3.823.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large municipal park with sports fields and community pool.
Significant regional preserve for hiking and wildlife observation.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).