The Heights, Houston, TX—77008
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — The Heights, Houston, TX
As of Oct '25, the median home price in The Heights, Houston, TX is $588,000, with a year-over-year change of -1.2%. This indicates that home prices in The Heights, Houston, TX are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $588,000 | -1.2% |
| Single Family | $594,000 | -1.5% |
| Condos | $315,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $357,000 | 13.7% |
2 Bed | $523,000 | 2.5% |
3 Bed | $568,000 | -2.2% |
4 Bed | $939,000 | -0.6% |
| 5 Bed | $1,370,000 | 1.3% |
% of Housing Stock
Rental Trends — The Heights, Houston, TX
As of July '25, Rentcast reports the average rent in The Heights, Houston, TX is $2,790, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in The Heights, Houston, TX is studios: $1,640, 1-bedrooms: $1,550, 2-bedrooms: $2,500, 3-bedrooms: $3,470, 4-bedrooms: $5,190. The most common rental property sizes in The Heights, Houston, TX are 1-bedroom and 2-bedroom, accounting for 39.9% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,790 |
| Studio Rent | $1,400 | $1,640 |
| 1 Bed Rent | $1,550 | $1,550 |
| 2 Bed Rent | $2,300 | $2,500 |
| 3 Bed Rent | $3,300 | $3,470 |
| 4 Bed Rent | $4,500 | $5,190 |
% of Rental Stock
Property Listings — The Heights, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in The Heights, Houston, TX is 42. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $635,000 | -6.0% |
Listing Count | 383 | 15.0% |
| Listings as % of Homes | 1.2% | 15.0% |
Days on Market | 42 | 14.0% |
Demographics — The Heights, Houston, TX
As of the latest ACS Survey released in 2023, The Heights, Houston, TX has a population of 40,200, which has increased by 17.5% over the past 5 years. The Heights, Houston, TX is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 72.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,200 | 17.5% |
% Under 18 | 18.0% | 20.8% |
% Seniors | 10.5% | 2.9% |
% WFH | 21.3% | 249.2% |
% w/ College Degree | 72.3% | 14.0% |
As of the latest ACS Survey released in 2023, The Heights, Houston, TX is a predominantly white area, with 61.5% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in The Heights, Houston, TX is hispanic, making up 21.6% of the population. Foreign-born residents account for 14.1% of the population in The Heights, Houston, TX, and this percentage has decreased by 13.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.5% | -1.0% |
% Black | 5.1% | 75.9% |
% Hispanic | 21.6% | -20.0% |
% Asian | 7.2% | 12.5% |
% Foreign Born | 14.1% | -13.0% |
Mortgage and Risk — The Heights, Houston, TX
According to HUD data as of 2023, there were 946 mortgage originations in The Heights, Houston, TX, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in The Heights, Houston, TX. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 946 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — The Heights, Houston, TX
As of 2024, the percent of homes in The Heights, Houston, TX under the Section 8 program is 2.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In The Heights, Houston, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 264 |
Total Units Section 8 | 239 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 97.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,550 | $1,530 |
| 2 Bedroom | -$470 | $2,300 | $1,830 |
| 3 Bedroom | -$860 | $3,300 | $2,440 |
| 4 Bedroom | -$1,430 | $4,500 | $3,070 |
Affordability — The Heights, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $588,000 |
| Median Household Income | $142,000 |