The housing market in 77498 Sugar Land, TX is booming with a median value of $310,800. This is significantly lower than the US house median value of $338,100, making it an attractive option for potential homebuyers. The US house appreciation rate was 8.27% over the past year, whereas the appreciation rate in Sugar Land was 11.67%. This suggests that housing prices are growing at a faster rate in this area and could potentially continue to do so in the future. Therefore, investing in real estate in this area could be a smart move right now.
The median home cost in Sugar Land (zip 77498) is $310,800. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Sugar Land (zip 77498) is up 21.6%.
Average Age of Homes
- The median age of Sugar Land (zip 77498) real estate is 23 years old
The Rental Market in Sugar Land (zip 77498)
- Renters make up 27.2% of the Sugar Land (zip 77498) population
- 3.0% of houses and apartments in Sugar Land (zip 77498), 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.