Houston, TX has a housing median value of $270,600 which is significantly lower than the national average of $338,100. Over the last year, Houston has experienced an appreciation rate of 11.28%, higher than the US average of 8.27%. This makes Houston a great place to invest in housing for those who wish to do so. The city's relatively low housing market values and high rates of appreciation make it an attractive option for potential homeowners and investors alike.
The median home cost in Houston (zip 77041) is $270,600. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77041) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77041) real estate is 23 years old
The Rental Market in Houston (zip 77041)
- Renters make up 20.1% of the Houston (zip 77041) population
- 4.2% of houses and apartments in Houston (zip 77041), 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.