The story of this market
The typical home in ZIP 77588 sells for about $455,000, or $168 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 77588 — Pearland
The 77588 housing market is showing signs of stability with moderate price growth and a balanced inventory level. Demand remains supported by the area's strong school district and proximity to major employment hubs. While interest rates and affordability remain factors, the market continues to perform steadily compared to broader regional trends.
This ZIP is ideal for family buyers seeking suburban amenities and high-quality schools, as well as professionals commuting to the Texas Medical Center. It offers a balance of established neighborhoods and newer construction, appealing to those looking for a stable, community-oriented environment.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 3.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 4.8% — 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 5.2%/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 5.1%/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 77588, Brazoria County TX
Crime rates in the 77588 area are generally lower than the broader Houston metropolitan average, with property crime being the primary concern. Local law enforcement maintains a visible presence, and community-based safety initiatives are active.
The area is primarily served by the Pearland Independent School District, which is highly regarded for its academic performance and extracurricular programs. Most schools in the district maintain strong accountability ratings from the state.
The region is subject to flood risks associated with heavy rainfall and tropical weather events, necessitating flood insurance for many properties. Windstorm coverage is also a standard consideration for homeowners in this coastal-adjacent geography.
Economic momentum is driven by proximity to the Texas Medical Center and the ongoing expansion of suburban infrastructure in Pearland. Significant residential and commercial development continues to transform former agricultural land into master-planned communities.
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 primarily commute via Highway 288, which provides a direct corridor to the Texas Medical Center and Downtown Houston. Traffic congestion during peak hours is a common factor for those traveling to the employment core.
The area features numerous community parks, walking trails, and proximity to regional golf courses. Shopping and dining options are concentrated along the major thoroughfares, providing convenient access to retail centers.
The rental market is characterized by moderate vacancy pressure and consistent demand from families and professionals. Short-term rental activity is present but remains secondary to long-term residential leasing.
The local economy is anchored by the healthcare sector, particularly the Texas Medical Center, and supported by retail and professional services. The area benefits from its strategic location within the Greater Houston economic region.
Transportation is heavily reliant on private vehicles, with Highway 288 serving as the primary artery. Public transit options are limited, though regional park-and-ride services are available for commuters.
Development is focused on the expansion of master-planned communities and the enhancement of retail infrastructure along major corridors. City planning emphasizes controlled growth and the preservation of green space.
The Brazoria County Appraisal District conducts annual assessments to determine property values for taxation purposes. The district provides a formal protest process for property owners to challenge valuations.
Parcels in this ZIP are subject to various special districts, including Municipal Utility Districts (MUDs) for water and sewer services, and specific school and college districts.
Property insurance premiums are influenced by regional hazard exposure, including flood and wind risks. Market health is stable, though homeowners are encouraged to maintain comprehensive coverage.
The state continues to experience positive net domestic migration, driven by job growth and a relatively lower cost of living compared to other major U.S. states.
Texas is a non-judicial foreclosure state, allowing for a relatively streamlined process for lenders. Statutory notice periods and requirements must be strictly followed.
Sellers are required to provide a written disclosure notice to buyers, detailing the condition of the property and any known defects. This must be delivered prior to the execution of a binding contract.
Data retrieved from data.census.gov ZCTA-level tables.
- Kemah Boardwalk4.515.6 mi
- Great Wolf Lodge | Webster3.910.3 mi
- Downtown Aquarium4.115.1 mi
- Cidercade Houston4.514.2 mi
- Meow Wolf Houston's Radio Tave4.415.2 mi
- Reliant Stadium4.611.7 mi
- Daikin Park4.714.4 mi
- Toyota Center4.614.1 mi
- George R. Brown Convention Center4.514.1 mi
- POST Houston4.615.1 mi
- Houston Zoo4.612.7 mi
- Space Center Houston4.610.9 mi
- Houston Museum of Natural Science4.813 mi
- Great Wolf Lodge | Webster3.910.3 mi
- Hermann Park4.712.5 mi
- Space Center Houston4.610.9 mi
- Houston Museum of Natural Science4.813 mi
- POST Houston4.615.1 mi
- The Museum of Fine Arts, Houston4.813.2 mi
- Meow Wolf Houston's Radio Tave4.415.2 mi
- Hermann Park4.712.5 mi
- Houston Botanic Garden4.68.8 mi
- Japanese Garden4.712.9 mi
- McGovern Centennial Gardens4.812.8 mi
- Smither Park4.711.2 mi
- Wildcat Golf Club4.410.3 mi
- Topgolf Webster4.410 mi
- Hermann Park Golf Course4.312.3 mi
- Gus Wortham Park Golf Course4.312 mi
- Clear Creek Golf Club3.95.1 mi
- Baybrook Mall4.58 mi
- Pearland Town Center4.46.9 mi
- Almeda Mall3.95.3 mi
- Froberg's Farm4.58.3 mi
- Joe V's Smart Shop4.611.5 mi
- George Bush Intercontinental Airport430.1 mi
- William P. Hobby Airport4.45.9 mi
- The St. James Restaurant & Cabaret3.829.1 mi
- Ember3.129.8 mi
- Vida Taqueria3.829.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major community park featuring trails, playgrounds, and event spaces.
A large open-air shopping and dining destination serving the local area.
A popular local course offering recreational opportunities for residents.
Key-figure check: median price diverges 15.4% 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 $385,000 (-15.4% 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.