Southbelt/Ellington, Houston, TX—77034
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southbelt/Ellington, Houston, TX
As of Oct '25, the median home price in Southbelt/Ellington, Houston, TX is $223,000, with a year-over-year change of -1.8%. This indicates that home prices in Southbelt/Ellington, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $223,000 | -1.8% |
| Single Family | $223,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $167,000 | -4.0% |
3 Bed | $215,000 | -0.9% |
4 Bed | $260,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Southbelt/Ellington, Houston, TX
As of July '25, Rentcast reports the average rent in Southbelt/Ellington, Houston, TX is $1,640, with a year-over-year rent change of -12.3%. Per bedroom, the median rent as of July '25 in Southbelt/Ellington, Houston, TX is studios: $1,280, 1-bedrooms: $921, 2-bedrooms: $1,180, 3-bedrooms: $1,900, 4-bedrooms: $2,250. The most common rental property sizes in Southbelt/Ellington, Houston, TX are 1-bedroom and 2-bedroom, accounting for 40.6% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,640 |
| Studio Rent | $665 | $1,280 |
| 1 Bed Rent | $871 | $921 |
| 2 Bed Rent | $1,170 | $1,180 |
| 3 Bed Rent | $1,850 | $1,900 |
| 4 Bed Rent | $2,350 | $2,250 |
% of Rental Stock
Property Listings — Southbelt/Ellington, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Southbelt/Ellington, Houston, TX is 62. This is a decrease of -12.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $256,000 | 1.0% |
Listing Count | 74 | 27.0% |
| Listings as % of Homes | 0.4% | 27.0% |
Days on Market | 62 | -12.0% |
Demographics — Southbelt/Ellington, Houston, TX
As of the latest ACS Survey released in 2023, Southbelt/Ellington, Houston, TX has a population of 37,200, which has decreased by -8.3% over the past 5 years. Southbelt/Ellington, Houston, TX is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,200 | -8.3% |
% Under 18 | 27.7% | -12.1% |
% Seniors | 9.3% | 52.5% |
% WFH | 4.6% | 84.0% |
% w/ College Degree | 12.7% | -5.9% |
As of the latest ACS Survey released in 2023, Southbelt/Ellington, Houston, TX is a predominantly hispanic area, with 71.2% of the population identifying as hispanic. The hispanic population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Southbelt/Ellington, Houston, TX is black, making up 11.4% of the population. Foreign-born residents account for 32.3% of the population in Southbelt/Ellington, Houston, TX, and this percentage has increased by 3.9% 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 | 11.0% | -11.3% |
% Black | 11.4% | 32.6% |
% Hispanic | 71.2% | -3.0% |
% Asian | 4.9% | -3.9% |
% Foreign Born | 32.3% | 3.9% |
Mortgage and Risk — Southbelt/Ellington, Houston, TX
According to HUD data as of 2023, there were 253 mortgage originations in Southbelt/Ellington, Houston, TX, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Southbelt/Ellington, Houston, TX. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 253 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Southbelt/Ellington, Houston, TX
As of 2024, the percent of homes in Southbelt/Ellington, Houston, TX under the Section 8 program is 3.3%. 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 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Southbelt/Ellington, Houston, TX, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 262 |
Total Units Section 8 | 182 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $299 | $871 | $1,170 |
| 2 Bedroom | $230 | $1,170 | $1,400 |
| 3 Bedroom | $20 | $1,850 | $1,870 |
| 4 Bedroom | $0 | $2,350 | $2,350 |
Affordability — Southbelt/Ellington, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $223,000 |
| Median Household Income | $59,500 |