Zip 77048 (Houston, TX) Housing

The housing market in 77048 Houston, TX is quite healthy. The median value of a house is $201,500, which is significantly lower than the US House median value of $338,100. However, in the last year the appreciation rate for houses in 77048 Houston, TX was 11.28%, higher than the US 1 year house appreciation of 8.27%. This indicates that the housing market in this area is strong and growing, making it an attractive place to invest in real estate.

The median home cost in Houston (zip 77048) is $201,500. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Houston (zip 77048) is up 12.8%.

Average Age of Homes

- The median age of Houston (zip 77048) real estate is 43 years old

The Rental Market in Houston (zip 77048)

- Renters make up 29.2% of the Houston (zip 77048) population
- 1.5% of houses and apartments in Houston (zip 77048), 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
	7,173.0	139,647,020.0
	42	42
	$201,500	$338,100
	12.8%	16.6%
	35.3%	57.0%
	93.0%	101.1%
	$17.10	$10.98
	$1,953	$2,690
	49.2%	57.4%
	8.5%	11.2%
	42.3%	31.4%
Vacant Housing
	1.5%	1.9%
	0.6%	0.4%
	1.1%	0.7%
	0.9%	0.4%
	0.0%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	1.3%	2.4%
	4.5%	2.8%
	22.7%	3.9%
	10.1%	4.5%
	19.2%	11.3%
	16.9%	13.0%
	18.5%	20.1%
	0.6%	13.6%
	2.4%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	16.7%	13.6%
	16.7%	13.6%
	4.5%	13.6%
	4.4%	13.2%
	28.5%	14.8%
	4.5%	13.6%
	5.6%	10.0%
	0.7%	4.7%
	1.4%	12.2%

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