Southbelt/Ellington, Houston, TX—77089
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southbelt/Ellington, Houston, TX
As of Oct '25, the median home price in Southbelt/Ellington, Houston, TX is $269,000, with a year-over-year change of -2.7%. This indicates that home prices in Southbelt/Ellington, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | -2.7% |
| Single Family | $271,000 | -2.5% |
| Condos | $80,000 | -17.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $77,000 | -17.2% |
2 Bed | $158,000 | -4.8% |
3 Bed | $241,000 | -3.6% |
4 Bed | $317,000 | -1.9% |
| 5 Bed | $462,000 | -0.4% |
% of Housing Stock
Rental Trends — Southbelt/Ellington, Houston, TX
As of July '25, Rentcast reports the average rent in Southbelt/Ellington, Houston, TX is $1,900, with a year-over-year rent change of -8.2%. Per bedroom, the median rent as of July '25 in Southbelt/Ellington, Houston, TX is 1-bedrooms: $1,060, 2-bedrooms: $1,490, 3-bedrooms: $1,980, 4-bedrooms: $2,640. The most common rental property sizes in Southbelt/Ellington, Houston, TX are 2-bedroom and 3-bedroom, accounting for 35.6% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,830 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,060 | $1,060 |
| 2 Bed Rent | $1,500 | $1,490 |
| 3 Bed Rent | $2,000 | $1,980 |
| 4 Bed Rent | $2,300 | $2,640 |
% of Rental Stock
Property Listings — Southbelt/Ellington, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Southbelt/Ellington, Houston, TX is 60. 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | -6.0% |
Listing Count | 158 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 60 | 23.0% |
Demographics — Southbelt/Ellington, Houston, TX
As of the latest ACS Survey released in 2023, Southbelt/Ellington, Houston, TX has a population of 56,600, which has increased by 5.1% over the past 5 years. Southbelt/Ellington, Houston, TX is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,600 | 5.1% |
% Under 18 | 26.8% | 7.2% |
% Seniors | 11.8% | 11.3% |
% WFH | 8.2% | 1,071.4% |
% w/ College Degree | 26.0% | 13.0% |
As of the latest ACS Survey released in 2023, Southbelt/Ellington, Houston, TX is a predominantly hispanic area, with 44.6% of the population identifying as hispanic. The hispanic population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Southbelt/Ellington, Houston, TX is white, making up 19.3% of the population. Foreign-born residents account for 23.2% of the population in Southbelt/Ellington, Houston, TX, and this percentage has decreased by 15.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 19.3% | -4.5% |
% Black | 16.7% | -1.2% |
% Hispanic | 44.6% | -6.1% |
% Asian | 16.9% | 21.6% |
% Foreign Born | 23.2% | -15.3% |
Mortgage and Risk — Southbelt/Ellington, Houston, TX
According to HUD data as of 2023, there were 532 mortgage originations in Southbelt/Ellington, Houston, TX, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Southbelt/Ellington, Houston, TX. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 532 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Southbelt/Ellington, Houston, TX
As of 2024, the percent of homes in Southbelt/Ellington, Houston, TX under the Section 8 program is 3.7%. 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 Southbelt/Ellington, 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 | 223 |
Total Units Section 8 | 223 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | 96.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,060 | $1,360 |
| 2 Bedroom | $130 | $1,500 | $1,630 |
| 3 Bedroom | $170 | $2,000 | $2,170 |
| 4 Bedroom | $440 | $2,300 | $2,740 |
Affordability — Southbelt/Ellington, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $269,000 |
| Median Household Income | $87,300 |