The housing market in 77055 Houston, TX is a great place to invest. With a median value of $518,100, the area has seen an 11.28% rise in house values over the past year. This is significantly higher than the 8.27% appreciation rate for US homes nationally. Furthermore, its median value is almost 55% higher than the national median house value of $338,100. For buyers looking for an investment with potential upside, there is no doubt that 77055 Houston, TX presents a strong opportunity in the current market conditions.
The median home cost in Houston (zip 77055) is $518,100. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77055) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77055) real estate is 46 years old
The Rental Market in Houston (zip 77055)
- Renters make up 49.1% of the Houston (zip 77055) population
- 4.5% of houses and apartments in Houston (zip 77055), 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.