The housing market in 77079 Houston, TX is significantly more expensive than the national average with a median value of $591,700 compared to $338,100 across the United States. This is also reflected in the appreciation rate which stands at 11.28% in 77079 Houston, TX versus 8.27% across the country. This suggests that the housing market in 77079 Houston, TX is very strong and those invested are likely to benefit from significant increases in their property values.
The median home cost in Houston (zip 77079) is $591,700. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77079) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77079) real estate is 43 years old
The Rental Market in Houston (zip 77079)
- Renters make up 30.7% of the Houston (zip 77079) population
- 6.0% of houses and apartments in Houston (zip 77079), 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.