Greenway/Upper Kirby, Houston, TX—77098
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenway/Upper Kirby, Houston, TX
As of Oct '25, the median home price in Greenway/Upper Kirby, Houston, TX is $689,000, with a year-over-year change of 0.2%. This indicates that home prices in Greenway/Upper Kirby, Houston, TX are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $689,000 | 0.2% |
| Single Family | $751,000 | 0.0% |
| Condos | $422,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $251,000 | 0.0% |
2 Bed | $486,000 | -1.6% |
3 Bed | $736,000 | -0.5% |
4 Bed | $1,170,000 | 0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greenway/Upper Kirby, Houston, TX
As of July '25, Rentcast reports the average rent in Greenway/Upper Kirby, Houston, TX is $2,500, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Greenway/Upper Kirby, Houston, TX is studios: $1,370, 1-bedrooms: $1,840, 2-bedrooms: $3,090, 3-bedrooms: $4,250, 4-bedrooms: $4,820. The most common rental property sizes in Greenway/Upper Kirby, Houston, TX are 1-bedroom and 2-bedroom, accounting for 46.7% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $2,500 |
| Studio Rent | $1,370 | $1,370 |
| 1 Bed Rent | $1,670 | $1,840 |
| 2 Bed Rent | $2,470 | $3,090 |
| 3 Bed Rent | $3,550 | $4,250 |
| 4 Bed Rent | $5,000 | $4,820 |
% of Rental Stock
Property Listings — Greenway/Upper Kirby, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenway/Upper Kirby, Houston, TX is 70. This is a increase of 13.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $919,000 | -5.0% |
Listing Count | 94 | 9.0% |
| Listings as % of Homes | 0.7% | 9.0% |
Days on Market | 70 | 13.0% |
Demographics — Greenway/Upper Kirby, Houston, TX
As of the latest ACS Survey released in 2023, Greenway/Upper Kirby, Houston, TX has a population of 16,300, which has increased by 20.4% over the past 5 years. Greenway/Upper Kirby, Houston, TX is a less popular place for families, as children make up 14.2% of the population. The area has a highly educated workforce, with 80.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,300 | 20.4% |
% Under 18 | 14.2% | 44.9% |
% Seniors | 14.6% | 15.0% |
% WFH | 21.4% | 234.4% |
% w/ College Degree | 80.8% | -1.0% |
As of the latest ACS Survey released in 2023, Greenway/Upper Kirby, Houston, TX is a predominantly white area, with 62.8% of the population identifying as white. The white population has shrunk by 11.7% in the last 5 years. The second most common race or ethnicity in Greenway/Upper Kirby, Houston, TX is hispanic, making up 14.6% of the population. Foreign-born residents account for 20.5% of the population in Greenway/Upper Kirby, Houston, TX, and this percentage has increased by 7.9% 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 | 62.8% | -11.7% |
% Black | 6.0% | 172.7% |
% Hispanic | 14.6% | 49.0% |
% Asian | 12.5% | 5.0% |
% Foreign Born | 20.5% | 7.9% |
Mortgage and Risk — Greenway/Upper Kirby, Houston, TX
According to HUD data as of 2023, there were 125 mortgage originations in Greenway/Upper Kirby, Houston, TX, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Greenway/Upper Kirby, Houston, TX. Investor activity is low, as 2.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 125 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Greenway/Upper Kirby, Houston, TX
As of 2024, the percent of homes in Greenway/Upper Kirby, 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 units appear to be good home sizes to consider for Section 8 housing in Greenway/Upper Kirby, Houston, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $1,670 | $1,920 |
| 2 Bedroom | -$180 | $2,470 | $2,290 |
| 3 Bedroom | -$500 | $3,550 | $3,050 |
| 4 Bedroom | -$1,150 | $5,000 | $3,850 |
Affordability — Greenway/Upper Kirby, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $689,000 |
| Median Household Income | $116,000 |