The housing market in 77023 Houston, TX is looking positive as the median value of a house is $244,500. This is significantly less than the US median value of $338,100, providing an affordable option for potential home buyers. In addition to its affordability, the area has seen an impressive 11.28% increase in house appreciation over the last year, which is greater than the national average 8.27%. This could be a great opportunity for people looking to buy property in this location.
The median home cost in Houston (zip 77023) is $244,500. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77023) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77023) real estate is 63 years old
The Rental Market in Houston (zip 77023)
- Renters make up 46.7% of the Houston (zip 77023) population
- 4.1% of houses and apartments in Houston (zip 77023), 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.