Housing in 77002 Houston, TX is an attractive market for those looking to invest. The median value of homes in this area is $268,100 which is significantly lower than the US median value of $338,100. Furthermore, the house appreciation rate in 77002 Houston, TX over the past year has been 11.28%, which surpasses the national average of 8.27%. Therefore, 77002 Houston, TX presents an opportunity for homebuyers or investors to purchase a property at a reasonable price and enjoy strong appreciation returns over time.
The median home cost in Houston (zip 77002) is $268,100. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77002) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77002) real estate is 51 years old
The Rental Market in Houston (zip 77002)
- Renters make up 61.4% of the Houston (zip 77002) population
- 12.3% of houses and apartments in Houston (zip 77002), 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.