Houston, TX has one of the most dynamic housing markets in the country. The median value of houses in Houston is $216,300 which is significantly lower than the US house median value of $338,100. Despite this difference in prices, the 1 year housing appreciation rate for Houston is 11.28%, significantly higher than the 8.27% rate across the nation. This shows that Houston's housing market is healthy and growing rapidly. Investing in real estate in Houston can be a wise decision for those looking to capitalize on the area's vibrant housing market.
The median home cost in Houston (zip 77086) is $216,300. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77086) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77086) real estate is 35 years old
The Rental Market in Houston (zip 77086)
- Renters make up 37.7% of the Houston (zip 77086) population
- 3.7% of houses and apartments in Houston (zip 77086), 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.