The housing market in 77061 Houston, TX is a strong one. The median value of housing is $218,700, which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate in 77061 Houston, TX is 11.28%, compared to the US rate of 8.27%. This indicates that the housing market in 77061 Houston, TX is thriving and that potential homebuyers should take advantage of this unique opportunity.
The median home cost in Houston (zip 77061) is $218,700. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77061) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77061) real estate is 48 years old
The Rental Market in Houston (zip 77061)
- Renters make up 58.9% of the Houston (zip 77061) population
- 5.8% of houses and apartments in Houston (zip 77061), 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.