The housing market in 77018 Houston, TX is doing exceptionally well. The median value of a house in this area is $481,100, significantly higher than the US median value of $338,100. In addition to this, the 1 year appreciation rate for houses in 77018 Houston, TX is 11.28%, much higher than the US’s 8.27% appreciation rate. This positive outlook on the housing market demonstrates that this area is a desirable place to buy property and could be seen as a desirable investment opportunity for potential buyers.
The median home cost in Houston (zip 77018) is $481,100. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77018) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77018) real estate is 56 years old
The Rental Market in Houston (zip 77018)
- Renters make up 30.1% of the Houston (zip 77018) population
- 3.9% of houses and apartments in Houston (zip 77018), 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.