Greater Inwood, Houston, TX—77038
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greater Inwood, Houston, TX
As of Oct '25, the median home price in Greater Inwood, Houston, TX is $215,000, with a year-over-year change of -4.4%. This indicates that home prices in Greater Inwood, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $215,000 | -4.4% |
| Single Family | $216,000 | -4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $119,000 | -8.5% |
3 Bed | $208,000 | -5.0% |
4 Bed | $239,000 | -3.6% |
| 5 Bed | $272,000 | -3.2% |
% of Housing Stock
Rental Trends — Greater Inwood, Houston, TX
As of July '25, Rentcast reports the average rent in Greater Inwood, Houston, TX is $1,620, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Greater Inwood, Houston, TX is studios: $747, 1-bedrooms: $789, 2-bedrooms: $1,140, 3-bedrooms: $1,820, 4-bedrooms: $1,900. The most common rental property sizes in Greater Inwood, Houston, TX are 2-bedroom and 3-bedroom, accounting for 36.6% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,620 |
| Studio Rent | $747 | $747 |
| 1 Bed Rent | $747 | $789 |
| 2 Bed Rent | $1,100 | $1,140 |
| 3 Bed Rent | $1,850 | $1,820 |
| 4 Bed Rent | $1,900 | $1,900 |
% of Rental Stock
Property Listings — Greater Inwood, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Greater Inwood, Houston, TX is 62. This is a increase of 5.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -2.0% |
Listing Count | 62 | 35.0% |
| Listings as % of Homes | 0.4% | 35.0% |
Days on Market | 62 | 5.0% |
Demographics — Greater Inwood, Houston, TX
As of the latest ACS Survey released in 2023, Greater Inwood, Houston, TX has a population of 31,300, which has remained stable by -0.3% over the past 5 years. Greater Inwood, Houston, TX is a popular place for families, as children make up 34.6% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,300 | -0.3% |
% Under 18 | 34.6% | 1.8% |
% Seniors | 6.9% | 6.2% |
% WFH | 5.2% | 85.7% |
% w/ College Degree | 11.8% | 53.2% |
As of the latest ACS Survey released in 2023, Greater Inwood, Houston, TX is a predominantly hispanic area, with 70.4% of the population identifying as hispanic. The hispanic population has remained stable in the last 5 years. The second most common race or ethnicity in Greater Inwood, Houston, TX is black, making up 21.5% of the population. Foreign-born residents account for 36.3% of the population in Greater Inwood, Houston, TX, and this percentage has decreased by 5.2% 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 | 3.4% | -32.0% |
% Black | 21.5% | 24.3% |
% Hispanic | 70.4% | 0.0% |
% Asian | 4.4% | -40.5% |
% Foreign Born | 36.3% | -5.2% |
Mortgage and Risk — Greater Inwood, Houston, TX
According to HUD data as of 2023, there were 141 mortgage originations in Greater Inwood, Houston, TX, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Greater Inwood, Houston, TX. Investor activity is low, as 6.0% 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 | 141 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Greater Inwood, Houston, TX
As of 2024, the percent of homes in Greater Inwood, 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. In Greater Inwood, Houston, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 120 |
Total Units Section 8 | 120 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $423 | $747 | $1,170 |
| 2 Bedroom | $300 | $1,100 | $1,400 |
| 3 Bedroom | $20 | $1,850 | $1,870 |
| 4 Bedroom | $450 | $1,900 | $2,350 |
Affordability — Greater Inwood, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $215,000 |
| Median Household Income | $50,700 |