The housing market in Houston, TX (ZIP Code 77089) is doing particularly well compared to the national median. The area has a median property value of $249,100 which is significantly lower than the US house median of $338,100. This makes it an attractive market for potential buyers. Despite being cheaper than the national average, Houston's housing market still saw an impressive 1 year appreciation rate of 11.28%, making it an even more desirable location for those looking to invest in property.
The median home cost in Houston (zip 77089) is $249,100. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77089) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77089) real estate is 38 years old
The Rental Market in Houston (zip 77089)
- Renters make up 32.3% of the Houston (zip 77089) population
- 1.5% of houses and apartments in Houston (zip 77089), 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.