Westchase, Houston, TX—77042
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westchase, Houston, TX
As of Oct '25, the median home price in Westchase, Houston, TX is $274,000, with a year-over-year change of -3.1%. This indicates that home prices in Westchase, 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 | $274,000 | -3.1% |
| Single Family | $452,000 | -0.2% |
| Condos | $100,000 | -9.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $80,000 | -10.1% |
2 Bed | $141,000 | -8.4% |
3 Bed | $415,000 | -1.2% |
4 Bed | $634,000 | 1.3% |
| 5 Bed | $871,000 | 0.8% |
% of Housing Stock
Rental Trends — Westchase, Houston, TX
As of July '25, Rentcast reports the average rent in Westchase, Houston, TX is $1,620, with a year-over-year rent change of -12.9%. Per bedroom, the median rent as of July '25 in Westchase, Houston, TX is studios: $1,680, 1-bedrooms: $1,080, 2-bedrooms: $1,490, 3-bedrooms: $2,170, 4-bedrooms: $3,300. The most common rental property sizes in Westchase, Houston, TX are 1-bedroom and 2-bedroom, accounting for 43.8% and 38.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,340 | $1,620 |
| Studio Rent | $890 | $1,680 |
| 1 Bed Rent | $1,050 | $1,080 |
| 2 Bed Rent | $1,400 | $1,490 |
| 3 Bed Rent | $2,000 | $2,170 |
| 4 Bed Rent | $3,100 | $3,300 |
% of Rental Stock
Property Listings — Westchase, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Westchase, Houston, TX is 56. This is a increase of 2.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $160,000 | -12.0% |
Listing Count | 202 | 37.0% |
| Listings as % of Homes | 0.4% | 37.0% |
Days on Market | 56 | 2.0% |
Demographics — Westchase, Houston, TX
As of the latest ACS Survey released in 2023, Westchase, Houston, TX has a population of 40,700, which has decreased by -4.2% over the past 5 years. Westchase, Houston, TX is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 44.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,700 | -4.2% |
% Under 18 | 21.0% | -11.4% |
% Seniors | 10.1% | 27.8% |
% WFH | 12.9% | 230.8% |
% w/ College Degree | 44.5% | 0.2% |
As of the latest ACS Survey released in 2023, Westchase, Houston, TX is a predominantly hispanic area, with 35.6% of the population identifying as hispanic. The hispanic population has grown by 38.5% in the last 5 years. The second most common race or ethnicity in Westchase, Houston, TX is white, making up 31.0% of the population. Foreign-born residents account for 35.1% of the population in Westchase, Houston, TX, and this percentage has increased by 12.1% 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 | 31.0% | -5.5% |
% Black | 24.3% | -23.3% |
% Hispanic | 35.6% | 38.5% |
% Asian | 6.7% | -18.3% |
% Foreign Born | 35.1% | 12.1% |
Mortgage and Risk — Westchase, Houston, TX
According to HUD data as of 2023, there were 235 mortgage originations in Westchase, Houston, TX, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Westchase, Houston, TX. Investor activity is low, as 4.0% 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 | 235 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Westchase, Houston, TX
As of 2024, the percent of homes in Westchase, Houston, TX under the Section 8 program is 0.6%. 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 Westchase, Houston, TX, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 94 |
Total Units Section 8 | 94 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,050 | $1,360 |
| 2 Bedroom | $230 | $1,400 | $1,630 |
| 3 Bedroom | $170 | $2,000 | $2,170 |
| 4 Bedroom | -$360 | $3,100 | $2,740 |
Affordability — Westchase, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $274,000 |
| Median Household Income | $57,700 |