The Houston suburb of 77007 has a median housing value of $469,000, which is significantly higher than the US median housing value of $338,100. This indicates that 77007 is a desirable and expensive neighbourhood. Furthermore, the 1 year appreciation rate for housing in 77007 was 11.28%, which is much higher than the US national appreciation rate of 8.27%. This suggests that not only is 77007 an expensive place to buy a house but it's also likely to appreciate at an even faster rate than other places in the country.
The median home cost in Houston (zip 77007) is $469,000. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77007) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77007) real estate is 14 years old
The Rental Market in Houston (zip 77007)
- Renters make up 45.3% of the Houston (zip 77007) population
- 4.7% of houses and apartments in Houston (zip 77007), 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.