The housing market in 77027 Houston, TX is thriving. The median value of a house in this area is $748,800, which is far higher than the US House Median Value of $338,100. In addition, the one year House Appreciation rate for the area is 11.28%, significantly higher than the US 1 year appreciation rate of 8.27%. This shows that home values in the 77027 Houston, TX area are increasing at an impressive rate and make it an attractive market to consider when looking for a new home.
The median home cost in Houston (zip 77027) is $748,800. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77027) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77027) real estate is 25 years old
The Rental Market in Houston (zip 77027)
- Renters make up 55.7% of the Houston (zip 77027) population
- 11.1% of houses and apartments in Houston (zip 77027), 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.