The housing market in 77445 Hempstead, TX is doing well compared to the national median value. According to the given information, the median value of housing in Hempstead is $251,700 which is significantly lower than the US median at $338,100. This is a great opportunity for potential buyers and investors as house appreciation has seen growth of 11.67% year over year in this area, which is higher than the national average of 8.27%. With such an encouraging real estate climate and prices that are much lower than the rest of the country, 77445 Hempstead is a great place to consider investing or buying a home.
The median home cost in Hempstead (zip 77445) is $251,700. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Hempstead (zip 77445) is up 21.6%.
Average Age of Homes
- The median age of Hempstead (zip 77445) real estate is 27 years old
The Rental Market in Hempstead (zip 77445)
- Renters make up 27.4% of the Hempstead (zip 77445) population
- 2.2% of houses and apartments in Hempstead (zip 77445), 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.