Zip 77016 (Houston, TX) Housing

The housing in 77016 Houston, TX has a median value of $159,900 – lower than the US median value of $338,100. Despite this, the 1 year house appreciation rate in 77016 is 11.28%, higher than the US average of 8.27%. This suggests that housing values in this area are increasing more quickly than on average across the United States – a trend that may be attractive for potential buyers and investors alike.

The median home cost in Houston (zip 77016) is $159,900. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77016) is up 12.8%.

Average Age of Homes

- The median age of Houston (zip 77016) real estate is 52 years old

The Rental Market in Houston (zip 77016)

- Renters make up 26.2% of the Houston (zip 77016) population
- 1.6% of houses and apartments in Houston (zip 77016), 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	Houston, Texas	United States
	10,988.0	139,647,020.0
	56	42
	$159,900	$338,100
	12.8%	16.6%
	35.3%	57.0%
	93.0%	101.1%
	$19.08	$10.98
	$1,096	$2,690
	55.4%	57.4%
	10.9%	11.2%
	33.7%	31.4%
Vacant Housing
	1.6%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	7.7%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	6.6%	2.4%
	15.1%	2.8%
	19.1%	3.9%
	20.9%	4.5%
	24.1%	11.3%
	7.3%	13.0%
	3.5%	20.1%
	0.7%	13.6%
	0.4%	8.3%
	0.7%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	2.6%	13.6%
	5.0%	13.2%
	20.0%	14.8%
	2.6%	13.6%
	25.8%	10.0%
	6.3%	4.7%
	2.6%	12.2%

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