Afton Oaks, Houston, TX—77027
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Afton Oaks, Houston, TX
As of Oct '25, the median home price in Afton Oaks, Houston, TX is $797,000, with a year-over-year change of 2.5%. This indicates that home prices in Afton Oaks, Houston, TX are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $797,000 | 2.5% |
| Single Family | $1,096,000 | 2.7% |
| Condos | $298,000 | -2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $120,000 | -7.0% |
2 Bed | $396,000 | -1.5% |
3 Bed | $964,000 | 2.8% |
4 Bed | $1,929,000 | 3.0% |
| 5 Bed | $2,641,000 | 2.4% |
% of Housing Stock
Rental Trends — Afton Oaks, Houston, TX
As of July '25, Rentcast reports the average rent in Afton Oaks, Houston, TX is $2,610, with a year-over-year rent change of 16.5%. Per bedroom, the median rent as of July '25 in Afton Oaks, Houston, TX is studios: $1,560, 1-bedrooms: $1,930, 2-bedrooms: $3,040, 3-bedrooms: $5,530, 4-bedrooms: $4,850. The most common rental property sizes in Afton Oaks, Houston, TX are 1-bedroom and 2-bedroom, accounting for 51.1% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,110 | $2,610 |
| Studio Rent | $1,480 | $1,560 |
| 1 Bed Rent | $1,840 | $1,930 |
| 2 Bed Rent | $2,610 | $3,040 |
| 3 Bed Rent | $5,300 | $5,530 |
| 4 Bed Rent | $3,500 | $4,850 |
% of Rental Stock
Property Listings — Afton Oaks, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Afton Oaks, Houston, TX is 65. This is a increase of 13.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $721,000 | -14.0% |
Listing Count | 148 | 13.0% |
| Listings as % of Homes | 0.9% | 13.0% |
Days on Market | 65 | 13.0% |
Demographics — Afton Oaks, Houston, TX
As of the latest ACS Survey released in 2023, Afton Oaks, Houston, TX has a population of 19,300, which has increased by 13.6% over the past 5 years. Afton Oaks, Houston, TX is a less popular place for families, as children make up 10.0% of the population. The area has a highly educated workforce, with 73.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,300 | 13.6% |
% Under 18 | 10.0% | -18.0% |
% Seniors | 14.5% | 5.1% |
% WFH | 24.7% | 174.4% |
% w/ College Degree | 73.7% | -5.1% |
As of the latest ACS Survey released in 2023, Afton Oaks, Houston, TX is a predominantly white area, with 57.1% of the population identifying as white. The white population has shrunk by 13.7% in the last 5 years. The second most common race or ethnicity in Afton Oaks, Houston, TX is hispanic, making up 17.5% of the population. Foreign-born residents account for 17.2% of the population in Afton Oaks, Houston, TX, and this percentage has decreased by 14.0% 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 | 57.1% | -13.7% |
% Black | 10.0% | 72.4% |
% Hispanic | 17.5% | 24.1% |
% Asian | 10.3% | -13.4% |
% Foreign Born | 17.2% | -14.0% |
Mortgage and Risk — Afton Oaks, Houston, TX
According to HUD data as of 2023, there were 157 mortgage originations in Afton Oaks, Houston, TX, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Afton Oaks, Houston, TX. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 157 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Afton Oaks, Houston, TX
As of 2024, the percent of homes in Afton Oaks, Houston, TX under the Section 8 program is 0.1%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Afton Oaks, Houston, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,840 | $1,910 |
| 2 Bedroom | -$330 | $2,610 | $2,280 |
| 3 Bedroom | -$2,260 | $5,300 | $3,040 |
| 4 Bedroom | $330 | $3,500 | $3,830 |
Affordability — Afton Oaks, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $797,000 |
| Median Household Income | $103,000 |