The housing market in 77098, Houston, TX is doing particularly well as the median value of homes is currently $675,600. This is more than double the US median value of $338,100. Additionally, over the past year the appreciation rate for homes in 77098 has been 11.28%, far higher than the national average of 8.27%. This suggests that this area has seen strong demand and rising prices as the market continues to remain hot.
The median home cost in Houston (zip 77098) is $675,600. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77098) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77098) real estate is 34 years old
The Rental Market in Houston (zip 77098)
- Renters make up 63.4% of the Houston (zip 77098) population
- 8.1% of houses and apartments in Houston (zip 77098), 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.