Houston, TX 77008 has a median housing value of $515,400 which is significantly higher than the US median housing value of $338,100. Additionally, the housing in this area has seen an impressive 11.28% 1 year appreciation rate compared to the US 1 year appreciation rate of 8.27%. This indicates that the Houston real estate market is healthy and growing. Investors and potential homeowners should take note of this fact when considering purchasing property in this area.
The median home cost in Houston (zip 77008) is $515,400. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77008) is up 12.8%.
Average Age of Homes
- The median age of Houston (zip 77008) real estate is 42 years old
The Rental Market in Houston (zip 77008)
- Renters make up 42.2% of the Houston (zip 77008) population
- 2.3% of houses and apartments in Houston (zip 77008), 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.