Zip 77587 (South Houston, TX) Housing

The housing market in South Houston, TX (zip code 77587) is an attractive one for potential buyers. The median value of homes in the area is $192,200, which is significantly lower than the US median of $338,100. Despite the lower cost, the 1 year appreciation rate of 12.95% in South Houston surpasses that of the national average of 8.27%. This means that those who purchase a home in this area may expect to see their investment grow substantially in a relatively short period of time.

The median home cost in South Houston (zip 77587) is $192,200. Home appreciation the last 10 years has been 111.3%. Home Appreciation in South Houston (zip 77587) is up 15.9%.

Average Age of Homes

- The median age of South Houston (zip 77587) real estate is 48 years old

The Rental Market in South Houston (zip 77587)

- Renters make up 33.5% of the South Houston (zip 77587) population
- 1.4% of houses and apartments in South Houston (zip 77587), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	South Houston, Texas	United States
	5,519.0	139,647,020.0
	52	42
	$192,200	$338,100
	15.9%	16.6%
	56.2%	57.0%
	111.3%	101.1%
	$17.58	$10.98
	$2,283	$2,690
	47.7%	57.4%
	11.6%	11.2%
	40.7%	31.4%
Vacant Housing
	1.4%	1.9%
	0.9%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	1.6%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	4.7%	2.4%
	5.8%	2.8%
	6.3%	3.9%
	14.8%	4.5%
	23.5%	11.3%
	21.5%	13.0%
	14.4%	20.1%
	1.1%	13.6%
	0.6%	8.3%
	0.8%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	4.6%	13.6%
	9.0%	13.2%
	18.7%	14.8%
	4.6%	13.6%
	17.2%	10.0%
	8.1%	4.7%
	1.0%	12.2%

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