West University Place, Houston, TX—77005
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West University Place, Houston, TX
As of Oct '25, the median home price in West University Place, Houston, TX is $1,639,000, with a year-over-year change of 5.0%. This indicates that home prices in West University Place, Houston, TX are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,639,000 | 5.0% |
| Single Family | $1,689,000 | 4.6% |
| Condos | $247,000 | -2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $183,000 | -2.7% |
2 Bed | $638,000 | 2.9% |
3 Bed | $1,228,000 | 4.3% |
4 Bed | $1,883,000 | 4.4% |
| 5 Bed | $2,531,000 | 2.8% |
% of Housing Stock
Rental Trends — West University Place, Houston, TX
As of July '25, Rentcast reports the average rent in West University Place, Houston, TX is $3,390, with a year-over-year rent change of -10.1%. Per bedroom, the median rent as of July '25 in West University Place, Houston, TX is studios: $1,240, 1-bedrooms: $1,520, 2-bedrooms: $2,620, 3-bedrooms: $3,950, 4-bedrooms: $6,520. The most common rental property sizes in West University Place, Houston, TX are 2-bedroom and 1-bedroom, accounting for 40.3% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,390 |
| Studio Rent | $1,100 | $1,240 |
| 1 Bed Rent | $1,500 | $1,520 |
| 2 Bed Rent | $2,400 | $2,620 |
| 3 Bed Rent | $3,850 | $3,950 |
| 4 Bed Rent | $6,000 | $6,520 |
% of Rental Stock
Property Listings — West University Place, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in West University Place, Houston, TX is 49. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,780,000 | -1.0% |
Listing Count | 118 | 6.0% |
| Listings as % of Homes | 0.8% | 6.0% |
Days on Market | 49 | -2.0% |
Demographics — West University Place, Houston, TX
As of the latest ACS Survey released in 2023, West University Place, Houston, TX has a population of 28,200, which has decreased by -1.1% over the past 5 years. West University Place, Houston, TX is a moderately popular place for families, as children make up 23.6% of the population. The area has a highly educated workforce, with 88.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,200 | -1.1% |
% Under 18 | 23.6% | -4.1% |
% Seniors | 15.7% | 22.7% |
% WFH | 19.9% | 139.8% |
% w/ College Degree | 88.1% | 4.3% |
As of the latest ACS Survey released in 2023, West University Place, Houston, TX is a predominantly white area, with 67.5% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in West University Place, Houston, TX is asian, making up 14.3% of the population. Foreign-born residents account for 18.2% of the population in West University Place, Houston, TX, and this percentage has increased by 11.7% 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 | 67.5% | -5.2% |
% Black | 2.8% | -6.7% |
% Hispanic | 9.3% | -12.3% |
% Asian | 14.3% | 15.3% |
% Foreign Born | 18.2% | 11.7% |
Mortgage and Risk — West University Place, Houston, TX
According to HUD data as of 2023, there were 324 mortgage originations in West University Place, Houston, TX, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in West University Place, Houston, TX. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 324 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — West University Place, Houston, TX
West University Place, Houston, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $1,500 | $1,920 |
| 2 Bedroom | -$110 | $2,400 | $2,290 |
| 3 Bedroom | -$800 | $3,850 | $3,050 |
| 4 Bedroom | -$2,150 | $6,000 | $3,850 |
Affordability — West University Place, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $1,639,000 |
| Median Household Income | $216,000 |