Greater Heights, Houston, TX—77009
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greater Heights, Houston, TX
As of Oct '25, the median home price in Greater Heights, Houston, TX is $377,000, with a year-over-year change of -4.7%. This indicates that home prices in Greater Heights, Houston, TX are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $377,000 | -4.7% |
| Single Family | $384,000 | -5.0% |
| Condos | $208,000 | -9.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $231,000 | -3.3% |
2 Bed | $318,000 | -5.4% |
3 Bed | $410,000 | -5.1% |
4 Bed | $674,000 | -3.7% |
| 5 Bed | $778,000 | -4.4% |
% of Housing Stock
Rental Trends — Greater Heights, Houston, TX
As of July '25, Rentcast reports the average rent in Greater Heights, Houston, TX is $2,170, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Greater Heights, Houston, TX is studios: $1,400, 1-bedrooms: $1,340, 2-bedrooms: $2,000, 3-bedrooms: $2,880, 4-bedrooms: $3,280. The most common rental property sizes in Greater Heights, Houston, TX are 1-bedroom and 2-bedroom, accounting for 35.9% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,170 |
| Studio Rent | $1,280 | $1,400 |
| 1 Bed Rent | $1,300 | $1,340 |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | $2,700 | $2,880 |
| 4 Bed Rent | $2,950 | $3,280 |
% of Rental Stock
Property Listings — Greater Heights, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Greater Heights, Houston, TX is 51. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $452,000 | -4.0% |
Listing Count | 376 | 5.0% |
| Listings as % of Homes | 1.3% | 5.0% |
Days on Market | 51 | -7.0% |
Demographics — Greater Heights, Houston, TX
As of the latest ACS Survey released in 2023, Greater Heights, Houston, TX has a population of 36,100, which has remained stable by -0.4% over the past 5 years. Greater Heights, Houston, TX is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 39.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,100 | -0.4% |
% Under 18 | 19.9% | -12.7% |
% Seniors | 14.4% | 19.0% |
% WFH | 14.9% | 246.5% |
% w/ College Degree | 39.1% | 21.8% |
As of the latest ACS Survey released in 2023, Greater Heights, Houston, TX is a predominantly hispanic area, with 52.9% of the population identifying as hispanic. The hispanic population has shrunk by 17.0% in the last 5 years. The second most common race or ethnicity in Greater Heights, Houston, TX is white, making up 33.1% of the population. Foreign-born residents account for 20.0% of the population in Greater Heights, Houston, TX, and this percentage has decreased by 11.1% 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 | 33.1% | 22.6% |
% Black | 7.8% | 9.9% |
% Hispanic | 52.9% | -17.0% |
% Asian | 3.1% | 287.5% |
% Foreign Born | 20.0% | -11.1% |
Mortgage and Risk — Greater Heights, Houston, TX
According to HUD data as of 2023, there were 477 mortgage originations in Greater Heights, Houston, TX, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Greater Heights, Houston, TX. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 477 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Greater Heights, Houston, TX
As of 2024, the percent of homes in Greater Heights, Houston, TX under the Section 8 program is 1.9%. 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 Greater 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 | 617 |
Total Units Section 8 | 113 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$250 | $1,300 | $1,050 |
| 2 Bedroom | -$750 | $2,000 | $1,250 |
| 3 Bedroom | -$1,030 | $2,700 | $1,670 |
| 4 Bedroom | -$850 | $2,950 | $2,100 |
Affordability — Greater Heights, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $377,000 |
| Median Household Income | $81,900 |