Meadowbrook/Allendale, Houston, TX—77017
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Meadowbrook/Allendale, Houston, TX
As of Oct '25, the median home price in Meadowbrook/Allendale, Houston, TX is $180,000, with a year-over-year change of -6.0%. This indicates that home prices in Meadowbrook/Allendale, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | -6.0% |
| Single Family | $185,000 | -6.1% |
| Condos | $66,000 | -20.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $59,000 | -14.5% |
2 Bed | $149,000 | -7.5% |
3 Bed | $189,000 | -5.5% |
4 Bed | $234,000 | -3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Meadowbrook/Allendale, Houston, TX
As of July '25, Rentcast reports the average rent in Meadowbrook/Allendale, Houston, TX is $1,260, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Meadowbrook/Allendale, Houston, TX is studios: $900, 1-bedrooms: $888, 2-bedrooms: $1,200, 3-bedrooms: $1,830, 4-bedrooms: $1,600. The most common rental property sizes in Meadowbrook/Allendale, Houston, TX are 1-bedroom and 2-bedroom, accounting for 38.5% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,260 |
| Studio Rent | $900 | $900 |
| 1 Bed Rent | $945 | $888 |
| 2 Bed Rent | $1,180 | $1,200 |
| 3 Bed Rent | $1,750 | $1,830 |
| 4 Bed Rent | $1,600 | $1,600 |
% of Rental Stock
Property Listings — Meadowbrook/Allendale, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Meadowbrook/Allendale, Houston, TX is 57. This is a increase of 28.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $226,000 | -3.0% |
Listing Count | 43 | 16.0% |
| Listings as % of Homes | 0.3% | 16.0% |
Days on Market | 57 | 28.0% |
Demographics — Meadowbrook/Allendale, Houston, TX
As of the latest ACS Survey released in 2023, Meadowbrook/Allendale, Houston, TX has a population of 30,800, which has decreased by -5.9% over the past 5 years. Meadowbrook/Allendale, Houston, TX is a popular place for families, as children make up 27.2% of the population. The area has a poorly educated workforce, with 10.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,800 | -5.9% |
% Under 18 | 27.2% | 5.4% |
% Seniors | 10.8% | 18.7% |
% WFH | 5.5% | 400.0% |
% w/ College Degree | 10.5% | 28.0% |
As of the latest ACS Survey released in 2023, Meadowbrook/Allendale, Houston, TX is a predominantly hispanic area, with 81.3% of the population identifying as hispanic. The hispanic population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Meadowbrook/Allendale, Houston, TX is white, making up 7.3% of the population. Foreign-born residents account for 38.6% of the population in Meadowbrook/Allendale, Houston, TX, and this percentage has increased by 4.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 7.3% | 1.4% |
% Black | 6.3% | 80.0% |
% Hispanic | 81.3% | -5.2% |
% Asian | 4.5% | 50.0% |
% Foreign Born | 38.6% | 4.3% |
Mortgage and Risk — Meadowbrook/Allendale, Houston, TX
According to HUD data as of 2023, there were 146 mortgage originations in Meadowbrook/Allendale, Houston, TX, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Meadowbrook/Allendale, Houston, TX. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 146 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Meadowbrook/Allendale, Houston, TX
As of 2024, the percent of homes in Meadowbrook/Allendale, Houston, TX under the Section 8 program is 4.1%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Meadowbrook/Allendale, Houston, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 259 |
Total Units Section 8 | 193 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 93.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $85 | $945 | $1,030 |
| 2 Bedroom | $50 | $1,180 | $1,230 |
| 3 Bedroom | -$110 | $1,750 | $1,640 |
| 4 Bedroom | $470 | $1,600 | $2,070 |
Affordability — Meadowbrook/Allendale, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $180,000 |
| Median Household Income | $53,800 |