Fifth Ward, Houston, TX—77020
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fifth Ward, Houston, TX
As of Oct '25, the median home price in Fifth Ward, Houston, TX is $157,000, with a year-over-year change of -13.4%. This indicates that home prices in Fifth Ward, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $157,000 | -13.4% |
| Single Family | $157,000 | -13.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $120,000 | -9.8% |
2 Bed | $127,000 | -17.0% |
3 Bed | $200,000 | -9.9% |
4 Bed | $186,000 | -12.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fifth Ward, Houston, TX
As of July '25, Rentcast reports the average rent in Fifth Ward, Houston, TX is $2,050, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Fifth Ward, Houston, TX is studios: $1,300, 1-bedrooms: $1,440, 2-bedrooms: $1,530, 3-bedrooms: $2,540, 4-bedrooms: $2,460. The most common rental property sizes in Fifth Ward, Houston, TX are 2-bedroom and 1-bedroom, accounting for 49.8% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,050 |
| Studio Rent | $1,300 | $1,300 |
| 1 Bed Rent | $1,200 | $1,440 |
| 2 Bed Rent | $1,400 | $1,530 |
| 3 Bed Rent | $2,500 | $2,540 |
| 4 Bed Rent | $1,850 | $2,460 |
% of Rental Stock
Property Listings — Fifth Ward, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Fifth Ward, Houston, TX is 40. 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $341,000 | 3.0% |
Listing Count | 159 | 14.0% |
| Listings as % of Homes | 1.4% | 14.0% |
Days on Market | 40 | -2.0% |
Demographics — Fifth Ward, Houston, TX
As of the latest ACS Survey released in 2023, Fifth Ward, Houston, TX has a population of 25,600, which has remained stable by -0.6% over the past 5 years. Fifth Ward, Houston, TX is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,600 | -0.6% |
% Under 18 | 23.7% | -15.1% |
% Seniors | 15.3% | 68.1% |
% WFH | 7.6% | 322.2% |
% w/ College Degree | 13.2% | 40.4% |
As of the latest ACS Survey released in 2023, Fifth Ward, Houston, TX is a predominantly hispanic area, with 69.2% of the population identifying as hispanic. The hispanic population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Fifth Ward, Houston, TX is black, making up 24.2% of the population. Foreign-born residents account for 23.2% of the population in Fifth Ward, Houston, TX, and this percentage has decreased by 20.0% 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 | 4.6% | 53.3% |
% Black | 24.2% | 0.8% |
% Hispanic | 69.2% | -5.6% |
% Asian | 1.2% | 300.0% |
% Foreign Born | 23.2% | -20.0% |
Mortgage and Risk — Fifth Ward, Houston, TX
According to HUD data as of 2023, there were 220 mortgage originations in Fifth Ward, Houston, TX, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Fifth Ward, Houston, TX. Investor activity is low, as 8.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 220 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Fifth Ward, Houston, TX
As of 2024, the percent of homes in Fifth Ward, Houston, TX under the Section 8 program is 10.9%. 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 Fifth Ward, Houston, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 835 |
Total Units Section 8 | 457 |
% Rentals under Section 8 | 10.9% |
% Occupied Section 8 | 89.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $1,200 | $910 |
| 2 Bedroom | -$310 | $1,400 | $1,090 |
| 3 Bedroom | -$1,050 | $2,500 | $1,450 |
| 4 Bedroom | -$20 | $1,850 | $1,830 |
Affordability — Fifth Ward, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $157,000 |
| Median Household Income | $49,500 |