Fondren Southwest, Houston, TX—77071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fondren Southwest, Houston, TX
As of Oct '25, the median home price in Fondren Southwest, Houston, TX is $236,000, with a year-over-year change of -3.3%. This indicates that home prices in Fondren Southwest, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $236,000 | -3.3% |
| Single Family | $248,000 | -2.7% |
| Condos | $90,000 | -3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $58,000 | -7.9% |
2 Bed | $105,000 | -6.2% |
3 Bed | $222,000 | -5.1% |
4 Bed | $308,000 | -1.3% |
| 5 Bed | $441,000 | 1.1% |
% of Housing Stock
Rental Trends — Fondren Southwest, Houston, TX
As of July '25, Rentcast reports the average rent in Fondren Southwest, Houston, TX is $1,980, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in Fondren Southwest, Houston, TX is studios: $810, 1-bedrooms: $825, 2-bedrooms: $1,230, 3-bedrooms: $2,000, 4-bedrooms: $2,570. The most common rental property sizes in Fondren Southwest, Houston, TX are 1-bedroom and 2-bedroom, accounting for 41.9% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,980 |
| Studio Rent | $810 | $810 |
| 1 Bed Rent | $799 | $825 |
| 2 Bed Rent | $1,240 | $1,230 |
| 3 Bed Rent | $1,900 | $2,000 |
| 4 Bed Rent | $2,500 | $2,570 |
% of Rental Stock
Property Listings — Fondren Southwest, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Fondren Southwest, Houston, TX is 66. This is a increase of 23.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | 7.0% |
Listing Count | 101 | 44.0% |
| Listings as % of Homes | 0.4% | 44.0% |
Days on Market | 66 | 23.0% |
Demographics — Fondren Southwest, Houston, TX
As of the latest ACS Survey released in 2023, Fondren Southwest, Houston, TX has a population of 26,800, which has decreased by -6.2% over the past 5 years. Fondren Southwest, Houston, TX is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 33.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,800 | -6.2% |
% Under 18 | 21.1% | -22.1% |
% Seniors | 16.3% | 29.4% |
% WFH | 11.0% | 29.4% |
% w/ College Degree | 33.7% | 6.0% |
As of the latest ACS Survey released in 2023, Fondren Southwest, Houston, TX is a predominantly black area, with 46.2% of the population identifying as black. The black population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Fondren Southwest, Houston, TX is hispanic, making up 26.5% of the population. Foreign-born residents account for 32.6% of the population in Fondren Southwest, Houston, TX, and this percentage has increased by 16.0% 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 | 16.8% | 3.7% |
% Black | 46.2% | -2.1% |
% Hispanic | 26.5% | -12.3% |
% Asian | 7.5% | 15.4% |
% Foreign Born | 32.6% | 16.0% |
Mortgage and Risk — Fondren Southwest, Houston, TX
According to HUD data as of 2023, there were 184 mortgage originations in Fondren Southwest, Houston, TX, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Fondren Southwest, Houston, TX. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 184 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Fondren Southwest, Houston, TX
As of 2024, the percent of homes in Fondren Southwest, Houston, TX under the Section 8 program is 3.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Fondren Southwest, 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 | 354 |
Total Units Section 8 | 163 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $251 | $799 | $1,050 |
| 2 Bedroom | $10 | $1,240 | $1,250 |
| 3 Bedroom | -$230 | $1,900 | $1,670 |
| 4 Bedroom | -$400 | $2,500 | $2,100 |
Affordability — Fondren Southwest, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $236,000 |
| Median Household Income | $55,100 |