The story of this market
The typical home in ZIP 77549 sells for about $485,000, or $198 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 $2,010 a month.
ZIP 77549 — Friendswood
The housing market in 77549 remains stable with moderate price appreciation and healthy demand driven by the area's strong school districts and proximity to major employment hubs. While inventory has expanded slightly, the market maintains a balanced posture, supported by a high owner-occupancy rate and consistent interest from family buyers.
This ZIP is ideal for families seeking high-performing schools and a suburban lifestyle, as well as professionals working in the aerospace and energy sectors who value a balance between space and accessibility.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 4.2% — 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 6.1%/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 6.4%/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 77549, Texas
Crime rates in the Friendswood area are generally lower than the regional average for the Greater Houston metropolitan area, with property crime being the primary concern.
The area is served by highly-rated public school districts, particularly Friendswood ISD, which is consistently recognized for academic excellence and high college-readiness metrics.
The region faces significant flood risk due to its proximity to the Gulf Coast and low-lying topography, necessitating mandatory flood insurance for many properties in designated zones.
Economic momentum is driven by proximity to the NASA Johnson Space Center and the petrochemical corridor, with steady residential development and commercial expansion along the FM 528 corridor.
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 by car toward the Houston employment core or the Bay Area industrial hubs, with commute times typically ranging from 35 to 50 minutes depending on traffic.
The area features extensive greenbelts, community parks like Stevenson Park, and proximity to Clear Lake for boating and water-based recreation.
The rental market is characterized by moderate vacancy pressure and steady demand, with a mix of single-family home rentals and newer apartment complexes catering to professionals.
The local economy is anchored by the aerospace industry, healthcare, and the energy sector, benefiting from its strategic location between Houston and Galveston.
Transportation is heavily reliant on private vehicles, with major access provided by I-45 and local arterials like FM 528.
Ongoing development is focused on mixed-use projects and the expansion of commercial infrastructure to support the growing population.
The Galveston Central Appraisal District manages property assessments, with annual valuations based on market data and property characteristics.
Parcels are subject to various special districts, including MUDs for water and sewer services and the Galveston County Consolidated Drainage District.
Property insurance premiums are elevated due to regional hurricane and flood exposure, with many homeowners carrying supplemental flood policies.
Texas continues to see strong net domestic migration, driven by job growth and a relatively lower cost of living compared to coastal states.
Texas operates under a non-judicial foreclosure doctrine, allowing for relatively expedited processes for lenders following default.
Sellers are required to provide a standard Seller's Disclosure Notice detailing the condition of the property and any known defects.
Data retrieved from data.census.gov using ZCTA 77549 profile.
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.
Central community park with playgrounds, sports fields, and walking trails.
Private golf facility serving the local community.
Major regional shopping destination located just outside the ZIP boundary.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.