Clear Lake, Houston, TX—77062
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clear Lake, Houston, TX
As of Oct '25, the median home price in Clear Lake, Houston, TX is $308,000, with a year-over-year change of -3.8%. This indicates that home prices in Clear Lake, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $308,000 | -3.8% |
| Single Family | $311,000 | -3.7% |
| Condos | $128,000 | -9.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | -7.3% |
3 Bed | $287,000 | -4.0% |
4 Bed | $336,000 | -3.7% |
| 5 Bed | $370,000 | -3.6% |
% of Housing Stock
Rental Trends — Clear Lake, Houston, TX
As of July '25, Rentcast reports the average rent in Clear Lake, Houston, TX is $1,940, with a year-over-year rent change of -10.2%. Per bedroom, the median rent as of July '25 in Clear Lake, Houston, TX is 1-bedrooms: $999, 2-bedrooms: $1,430, 3-bedrooms: $2,110, 4-bedrooms: $2,710. The most common rental property sizes in Clear Lake, Houston, TX are 2-bedroom and 1-bedroom, accounting for 32.5% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $999 |
| 2 Bed Rent | $1,400 | $1,430 |
| 3 Bed Rent | $2,000 | $2,110 |
| 4 Bed Rent | $2,500 | $2,710 |
% of Rental Stock
Property Listings — Clear Lake, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Clear Lake, Houston, TX is 44. This is a increase of 12.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $327,000 | 2.0% |
Listing Count | 106 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 44 | 12.0% |
Demographics — Clear Lake, Houston, TX
As of the latest ACS Survey released in 2023, Clear Lake, Houston, TX has a population of 24,900, which has decreased by -5.6% over the past 5 years. Clear Lake, Houston, TX is a moderately popular place for families, as children make up 21.8% of the population. The area has a highly educated workforce, with 52.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,900 | -5.6% |
% Under 18 | 21.8% | -13.1% |
% Seniors | 17.4% | 14.5% |
% WFH | 14.7% | 374.2% |
% w/ College Degree | 52.5% | 11.0% |
As of the latest ACS Survey released in 2023, Clear Lake, Houston, TX is a predominantly white area, with 54.8% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Clear Lake, Houston, TX is hispanic, making up 18.4% of the population. Foreign-born residents account for 18.0% of the population in Clear Lake, Houston, TX, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.8% | -0.9% |
% Black | 10.8% | 56.5% |
% Hispanic | 18.4% | -22.0% |
% Asian | 14.0% | 38.6% |
% Foreign Born | 18.0% | 0.0% |
Mortgage and Risk — Clear Lake, Houston, TX
According to HUD data as of 2023, there were 309 mortgage originations in Clear Lake, Houston, TX, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Clear Lake, Houston, TX. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 309 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Clear Lake, Houston, TX
As of 2024, the percent of homes in Clear Lake, Houston, TX under the Section 8 program is 0.4%. 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 units appear to be good home sizes to consider for Section 8 housing in Clear Lake, Houston, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $1,000 | $1,230 |
| 2 Bedroom | $70 | $1,400 | $1,470 |
| 3 Bedroom | -$40 | $2,000 | $1,960 |
| 4 Bedroom | -$30 | $2,500 | $2,470 |
Affordability — Clear Lake, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $308,000 |
| Median Household Income | $106,000 |