The housing market in Houston, TX 77042 is thriving. The median value for housing in this area is $285,200, which is significantly lower than the US median of $338,100. Additionally, the one year housing appreciation rate for Houston's 77042 zip code was 11.28%, higher than the national average of 8.27%. This suggests that the Houston housing market is experiencing growth and can be a great place to invest in real estate.
The median home cost in Houston (zip 77042) is $285,200. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77042) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77042) real estate is 36 years old
The Rental Market in Houston (zip 77042)
- Renters make up 61.0% of the Houston (zip 77042) population
- 5.8% of houses and apartments in Houston (zip 77042), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.