Zip 77505 (Pasadena, TX) Housing

The housing market in 77505 Pasadena, TX is booming. The median value of homes in this area is $294,800, which is substantially lower than the US house median value of $338,100. Additionally, over the past year there has been an impressive 12.95% appreciation rate for homes in this area compared to the 8.27% appreciation rate for homes across the U.S., making it a great investment opportunity for those looking to purchase in the Pasadena area.

The median home cost in Pasadena (zip 77505) is $294,800. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Pasadena (zip 77505) is up 15.9%.

Average Age of Homes

- The median age of Pasadena (zip 77505) real estate is 28 years old

The Rental Market in Pasadena (zip 77505)

- Renters make up 25.8% of the Pasadena (zip 77505) population
- 4.4% of houses and apartments in Pasadena (zip 77505), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Pasadena, Texas	United States
	8,588.0	139,647,020.0
	30	42
	$294,800	$338,100
	15.9%	16.6%
	56.2%	57.0%
	111.3%	101.1%
	$18.63	$10.98
	$4,123	$2,690
	63.3%	57.4%
	8.6%	11.2%
	28.1%	31.4%
Vacant Housing
	4.4%	1.9%
	1.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	2.2%	2.4%
	1.2%	2.8%
	1.3%	3.9%
	1.3%	4.5%
	12.8%	11.3%
	18.6%	13.0%
	39.2%	20.1%
	17.6%	13.6%
	1.8%	8.3%
	0.5%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.8%	13.6%
	15.8%	13.6%
	28.5%	13.6%
	22.9%	13.2%
	16.8%	14.8%
	28.5%	13.6%
	1.8%	10.0%
	0.2%	4.7%
	0.2%	12.2%

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