Friendswood, TX—77546
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Friendswood, TX
As of Oct '25, the median home price in Friendswood, TX is $391,000, with a year-over-year change of -0.8%. This indicates that home prices in Friendswood, TX are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $391,000 | -0.8% |
| Single Family | $393,000 | -1.0% |
| Condos | $193,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $187,000 | -1.1% |
3 Bed | $286,000 | -1.7% |
4 Bed | $440,000 | -0.7% |
| 5 Bed | $661,000 | -0.6% |
% of Housing Stock
Rental Trends — Friendswood, TX
As of July '25, Rentcast reports the average rent in Friendswood, TX is $2,180, with a year-over-year rent change of -13.1%. Per bedroom, the median rent as of July '25 in Friendswood, TX is studios: $732, 1-bedrooms: $1,410, 2-bedrooms: $1,760, 3-bedrooms: $2,140, 4-bedrooms: $3,120. The most common rental property sizes in Friendswood, TX are 3-bedroom and 1-bedroom, accounting for 36.4% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,180 |
| Studio Rent | $732 | $732 |
| 1 Bed Rent | $1,480 | $1,410 |
| 2 Bed Rent | $1,850 | $1,760 |
| 3 Bed Rent | $2,080 | $2,140 |
| 4 Bed Rent | $2,750 | $3,120 |
% of Rental Stock
Property Listings — Friendswood, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Friendswood, TX is 45. 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 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 | $454,000 | -5.0% |
Listing Count | 256 | 16.0% |
| Listings as % of Homes | 0.7% | 16.0% |
Days on Market | 45 | 15.0% |
Demographics — Friendswood, TX
As of the latest ACS Survey released in 2023, Friendswood, TX has a population of 54,100, which has increased by 1.4% over the past 5 years. Friendswood, TX is a popular place for families, as children make up 27.3% of the population. The area has a highly educated workforce, with 47.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,100 | 1.4% |
% Under 18 | 27.3% | 0.7% |
% Seniors | 14.9% | 11.2% |
% WFH | 15.2% | 198.0% |
% w/ College Degree | 47.3% | 2.2% |
As of the latest ACS Survey released in 2023, Friendswood, TX is a predominantly white area, with 66.6% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Friendswood, TX is hispanic, making up 17.4% of the population. Foreign-born residents account for 10.4% of the population in Friendswood, TX, and this percentage has decreased by 8.8% 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 | 66.6% | 1.2% |
% Black | 4.5% | -13.5% |
% Hispanic | 17.4% | -0.6% |
% Asian | 7.4% | -9.8% |
% Foreign Born | 10.4% | -8.8% |
Mortgage and Risk — Friendswood, TX
According to HUD data as of 2023, there were 805 mortgage originations in Friendswood, TX, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 143.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Friendswood, TX. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 805 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Friendswood, TX
As of 2024, the percent of homes in Friendswood, TX under the Section 8 program is 0.9%. 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 Friendswood, 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 | 41 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,480 | $1,610 |
| 2 Bedroom | $80 | $1,850 | $1,930 |
| 3 Bedroom | $490 | $2,080 | $2,570 |
| 4 Bedroom | $490 | $2,750 | $3,240 |
Affordability — Friendswood, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $391,000 |
| Median Household Income | $122,000 |