Acres Homes, Houston, TX—77088
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Acres Homes, Houston, TX
As of Oct '25, the median home price in Acres Homes, Houston, TX is $210,000, with a year-over-year change of -4.8%. This indicates that home prices in Acres Homes, 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 | $210,000 | -4.8% |
| Single Family | $211,000 | -5.0% |
| Condos | $74,000 | -18.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $90,000 | -8.2% |
2 Bed | $130,000 | -10.3% |
3 Bed | $209,000 | -5.0% |
4 Bed | $237,000 | -4.8% |
| 5 Bed | $269,000 | -4.6% |
% of Housing Stock
Rental Trends — Acres Homes, Houston, TX
As of July '25, Rentcast reports the average rent in Acres Homes, Houston, TX is $1,850, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Acres Homes, Houston, TX is studios: $850, 1-bedrooms: $920, 2-bedrooms: $1,370, 3-bedrooms: $1,910, 4-bedrooms: $2,380. The most common rental property sizes in Acres Homes, Houston, TX are 2-bedroom and 3-bedroom, accounting for 36.4% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,850 |
| Studio Rent | $850 | $850 |
| 1 Bed Rent | $950 | $920 |
| 2 Bed Rent | $1,300 | $1,370 |
| 3 Bed Rent | $1,850 | $1,910 |
| 4 Bed Rent | $1,900 | $2,380 |
% of Rental Stock
Property Listings — Acres Homes, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Acres Homes, Houston, TX is 56. This is a increase of 15.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $271,000 | 1.0% |
Listing Count | 229 | 22.0% |
| Listings as % of Homes | 0.7% | 22.0% |
Days on Market | 56 | 15.0% |
Demographics — Acres Homes, Houston, TX
As of the latest ACS Survey released in 2023, Acres Homes, Houston, TX has a population of 54,100, which has decreased by -5.1% over the past 5 years. Acres Homes, Houston, TX is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,100 | -5.1% |
% Under 18 | 26.5% | -10.2% |
% Seniors | 13.1% | 29.7% |
% WFH | 6.6% | 230.0% |
% w/ College Degree | 12.7% | -7.3% |
As of the latest ACS Survey released in 2023, Acres Homes, Houston, TX is a predominantly hispanic area, with 51.7% of the population identifying as hispanic. The hispanic population has grown by 5.3% in the last 5 years. The second most common race or ethnicity in Acres Homes, Houston, TX is black, making up 37.6% of the population. Foreign-born residents account for 25.1% of the population in Acres Homes, Houston, TX, and this percentage has increased by 9.1% 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 | 5.9% | 0.0% |
% Black | 37.6% | -7.6% |
% Hispanic | 51.7% | 5.3% |
% Asian | 3.8% | 2.7% |
% Foreign Born | 25.1% | 9.1% |
Mortgage and Risk — Acres Homes, Houston, TX
According to HUD data as of 2023, there were 400 mortgage originations in Acres Homes, Houston, TX, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Acres Homes, Houston, TX. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 400 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Acres Homes, Houston, TX
As of 2024, the percent of homes in Acres Homes, Houston, TX under the Section 8 program is 15.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Acres Homes, Houston, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 894 |
Total Units Section 8 | 894 |
% Rentals under Section 8 | 15.4% |
% Occupied Section 8 | 90.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $950 | $1,120 |
| 2 Bedroom | $40 | $1,300 | $1,340 |
| 3 Bedroom | -$60 | $1,850 | $1,790 |
| 4 Bedroom | $350 | $1,900 | $2,250 |
Affordability — Acres Homes, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $210,000 |
| Median Household Income | $52,500 |