The housing market in Houston's 77078 zip code is performing above average when compared to the national housing market. The median value of homes in this area is $172,100, which is significantly below the US House Median Value of $338,100. However, the one year house appreciation rate in 77078 of 11.28% is higher than the US 1 year House Appreciation rate of 8.27%. This shows that housing prices are growing quickly in this area and could be a good investment for buyers looking for an opportunity to get into the Houston real estate market.
The median home cost in Houston (zip 77078) is $172,100. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77078) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77078) real estate is 43 years old
The Rental Market in Houston (zip 77078)
- Renters make up 38.5% of the Houston (zip 77078) population
- 3.4% of houses and apartments in Houston (zip 77078), 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.