Independence Heights, Houston, TX—77022
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Independence Heights, Houston, TX
As of Oct '25, the median home price in Independence Heights, Houston, TX is $207,000, with a year-over-year change of -6.4%. This indicates that home prices in Independence Heights, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $207,000 | -6.4% |
| Single Family | $207,000 | -6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $170,000 | -3.4% |
2 Bed | $180,000 | -6.2% |
3 Bed | $225,000 | -6.2% |
4 Bed | $251,000 | -5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Independence Heights, Houston, TX
As of July '25, Rentcast reports the average rent in Independence Heights, Houston, TX is $1,950, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Independence Heights, Houston, TX is studios: $5,500, 1-bedrooms: $1,060, 2-bedrooms: $1,390, 3-bedrooms: $2,190, 4-bedrooms: $2,400. The most common rental property sizes in Independence Heights, Houston, TX are 2-bedroom and 3-bedroom, accounting for 31.5% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,950 |
| Studio Rent | $3,500 | $5,500 |
| 1 Bed Rent | $999 | $1,060 |
| 2 Bed Rent | $1,350 | $1,390 |
| 3 Bed Rent | $2,200 | $2,190 |
| 4 Bed Rent | $1,950 | $2,400 |
% of Rental Stock
Property Listings — Independence Heights, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Independence Heights, Houston, TX is 58. This is a decrease of -9.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | 3.0% |
Listing Count | 175 | 29.0% |
| Listings as % of Homes | 1.0% | 29.0% |
Days on Market | 58 | -9.0% |
Demographics — Independence Heights, Houston, TX
As of the latest ACS Survey released in 2023, Independence Heights, Houston, TX has a population of 26,100, which has decreased by -7.6% over the past 5 years. Independence Heights, Houston, TX is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,100 | -7.6% |
% Under 18 | 24.1% | -12.4% |
% Seniors | 15.0% | 23.0% |
% WFH | 8.6% | 196.6% |
% w/ College Degree | 13.2% | 73.7% |
As of the latest ACS Survey released in 2023, Independence Heights, Houston, TX is a predominantly hispanic area, with 71.8% of the population identifying as hispanic. The hispanic population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Independence Heights, Houston, TX is black, making up 19.3% of the population. Foreign-born residents account for 29.9% of the population in Independence Heights, Houston, TX, and this percentage has decreased by 3.5% 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 | 6.8% | 30.8% |
% Black | 19.3% | 0.0% |
% Hispanic | 71.8% | -4.4% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 29.9% | -3.5% |
Mortgage and Risk — Independence Heights, Houston, TX
According to HUD data as of 2023, there were 229 mortgage originations in Independence Heights, Houston, TX, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Independence Heights, Houston, TX. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 229 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Independence Heights, Houston, TX
As of 2024, the percent of homes in Independence Heights, Houston, TX under the Section 8 program is 6.9%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Independence Heights, Houston, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 881 |
Total Units Section 8 | 296 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$19 | $999 | $980 |
| 2 Bedroom | -$180 | $1,350 | $1,170 |
| 3 Bedroom | -$640 | $2,200 | $1,560 |
| 4 Bedroom | $10 | $1,950 | $1,960 |
Affordability — Independence Heights, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $207,000 |
| Median Household Income | $48,400 |