Eldridge/West Oaks, Houston, TX—77082
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Eldridge/West Oaks, Houston, TX
Home Price Trends — Eldridge/West Oaks, Houston, TX
As of Oct '25, the median home price in Eldridge/West Oaks, Houston, TX is $255,000, with a year-over-year change of -2.8%. This indicates that home prices in Eldridge/West Oaks, 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 | $255,000 | -2.8% |
| Single Family | $257,000 | -2.7% |
| Condos | $151,000 | -8.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $165,000 | -8.8% |
3 Bed | $242,000 | -3.2% |
4 Bed | $324,000 | -1.2% |
| 5 Bed | $666,000 | 0.8% |
% of Housing Stock
Rental Trends — Eldridge/West Oaks, Houston, TX
As of July '25, Rentcast reports the average rent in Eldridge/West Oaks, Houston, TX is $1,590, with a year-over-year rent change of -19.3%. Per bedroom, the median rent as of July '25 in Eldridge/West Oaks, Houston, TX is studios: $920, 1-bedrooms: $968, 2-bedrooms: $1,340, 3-bedrooms: $2,120, 4-bedrooms: $2,740. The most common rental property sizes in Eldridge/West Oaks, Houston, TX are 1-bedroom and 2-bedroom, accounting for 38.5% and 37.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,330 | $1,590 |
| Studio Rent | $800 | $920 |
| 1 Bed Rent | $947 | $968 |
| 2 Bed Rent | $1,300 | $1,340 |
| 3 Bed Rent | $2,050 | $2,120 |
| 4 Bed Rent | $2,350 | $2,740 |
% of Rental Stock
Property Listings — Eldridge/West Oaks, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Eldridge/West Oaks, Houston, TX is 61. This is a increase of 19.0% 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 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 | $299,000 | 1.0% |
Listing Count | 200 | 20.0% |
| Listings as % of Homes | 0.4% | 20.0% |
Days on Market | 61 | 19.0% |
Demographics — Eldridge/West Oaks, Houston, TX
As of the latest ACS Survey released in 2023, Eldridge/West Oaks, Houston, TX has a population of 57,300, which has increased by 3.1% over the past 5 years. Eldridge/West Oaks, Houston, TX is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 57,300 | 3.1% |
% Under 18 | 21.8% | -2.7% |
% Seniors | 12.2% | 9.9% |
% WFH | 12.6% | 186.4% |
% w/ College Degree | 35.7% | 2.0% |
As of the latest ACS Survey released in 2023, Eldridge/West Oaks, Houston, TX is a predominantly black area, with 40.8% of the population identifying as black. The black population has grown by 11.2% in the last 5 years. The second most common race or ethnicity in Eldridge/West Oaks, Houston, TX is hispanic, making up 26.6% of the population. Foreign-born residents account for 38.8% of the population in Eldridge/West Oaks, Houston, TX, and this percentage has increased by 17.6% 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 | 20.2% | 8.0% |
% Black | 40.8% | 11.2% |
% Hispanic | 26.6% | -5.3% |
% Asian | 10.6% | -30.3% |
% Foreign Born | 38.8% | 17.6% |
Mortgage and Risk — Eldridge/West Oaks, Houston, TX
According to HUD data as of 2023, there were 342 mortgage originations in Eldridge/West Oaks, Houston, TX, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Eldridge/West Oaks, Houston, TX. Investor activity is low, as 5.0% 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 | 342 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Eldridge/West Oaks, Houston, TX
As of 2024, the percent of homes in Eldridge/West Oaks, Houston, TX under the Section 8 program is 3.5%. 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 Eldridge/West Oaks, 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 | 581 |
Total Units Section 8 | 493 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $413 | $947 | $1,360 |
| 2 Bedroom | $330 | $1,300 | $1,630 |
| 3 Bedroom | $120 | $2,050 | $2,170 |
| 4 Bedroom | $390 | $2,350 | $2,740 |
Affordability — Eldridge/West Oaks, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $255,000 |
| Median Household Income | $60,500 |