Houston, TX 77093 is an ideal place to invest in real estate due to its favorable housing market. The median value of a home in this area is $165,300, which is much lower than the US house median value of $338,100. This shows that houses are more affordable in Houston than the national average. Furthermore, the one-year house appreciation rate for homes in Houston is 11.28%, which is higher than the one-year national appreciation rate of 8.27%. This suggests that investing in real estate in Houston may be a wise decision as it could lead to positive returns over time.
The median home cost in Houston (zip 77093) is $165,300. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77093) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77093) real estate is 54 years old
The Rental Market in Houston (zip 77093)
- Renters make up 33.8% of the Houston (zip 77093) population
- 1.1% of houses and apartments in Houston (zip 77093), 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.