Zip 77047 (Houston, TX) Housing

Housing in Houston, TX is a great investment opportunity. The median value of homes in the area of 77047 is $234,900, which is significantly lower than the US median value of $338,100. In addition to being more affordable, the housing market in 77047 is also experiencing higher appreciation rates. Over the past year, house values have appreciated 11.28%, compared to 8.27% for US houses overall. This makes investing in Houston’s housing market an attractive option for many potential buyers.

The median home cost in Houston (zip 77047) is $234,900. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77047) is up 12.8%.

Average Age of Homes

- The median age of Houston (zip 77047) real estate is 15 years old

The Rental Market in Houston (zip 77047)

- Renters make up 23.7% of the Houston (zip 77047) population
- 0.2% of houses and apartments in Houston (zip 77047), 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	Houston, Texas	United States
	12,450.0	139,647,020.0
	18	42
	$234,900	$338,100
	12.8%	16.6%
	35.3%	57.0%
	93.0%	101.1%
	$18.77	$10.98
	$3,139	$2,690
	69.2%	57.4%
	4.5%	11.2%
	26.3%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.7%	0.4%
	0.4%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	6.6%	2.6%
	1.8%	2.4%
	1.7%	2.8%
	4.1%	3.9%
	3.9%	4.5%
	20.2%	11.3%
	27.6%	13.0%
	32.3%	20.1%
	0.7%	13.6%
	0.3%	8.3%
	0.3%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	40.4%	13.6%
	40.4%	13.6%
	6.8%	13.6%
	1.9%	13.2%
	8.4%	14.8%
	6.8%	13.6%
	10.3%	10.0%
	1.5%	4.7%
	0.6%	12.2%

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