Braeswood Place, Houston, TX77025

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$472,000
1.6% YoY Growth
Median Household Income
$78,100
4.4% 5-Year Growth
Days on Market
51
12.0% Longer than last year
Home Price Forecast
-0.3%
Median Rent
$2,000
11.1% YoY Growth
1-Bed Rent
$1,250
7.3% YoY Growth
2-Bed Rent
$1,800
5.7% YoY Growth
3-Bed Rent
$2,500
1.1% YoY Growth

Property Listings — Braeswood Place, Houston, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Braeswood Place, Houston, TX is 51. This is an increase of 12.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$420,000-7.0%
Listing Count
179N/A
Listings as % of Homes0.7%N/A
Days on Market
5112.0%
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Demographics — Braeswood Place, Houston, TX

MetricLatest CensusYoY % Change
Population
29,2000.8%
% Under 18
19.6%-1.0%
% Under 5N/AN/A
% Seniors
16.4%22.4%
% WFH
14.1%171.2%
% w/ College Degree
71.1%4.1%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
41.7%-16.9%
% Black
15.3%36.6%
% Hispanic
19.5%9.6%
% Asian
17.4%0.6%
% Foreign Born
29.3%2.1%
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Mortgage and Risk — Braeswood Place, Houston, TX

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Braeswood Place, Houston, TX in that year was 260. 96.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 68.0%. Of those, 23.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Braeswood Place, Houston, TX. Investor activity in Braeswood Place, Houston, TX is low, as 6.0% of all loans are originated by investors. In 2023, 4.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
260N/AN/A
% Conventional Loans
96.0%N/AN/A
% Government Loans
4.0%N/AN/A
% Investor Loans
6.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
4.0%N/AN/A
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Rentals and Section 8 — Braeswood Place, Houston, TX

As of 2024, the percent of homes in Braeswood Place, Houston, TX under the Section 8 program is 2.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
194
Total Units Section 8
194
% Rentals under Section 8
2.0%
% Occupied Section 8
93.6%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$190$1,250$1,440
2 Bedroom-$80$1,800$1,720
3 Bedroom-$210$2,500$2,290
4 Bedroom-$610$3,500$2,890

Affordability — Braeswood Place, Houston, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio6N/AN/A
Median Home Price$472,000N/AN/A
Median Household Income$78,100N/AN/A

Braeswood Place, Houston, TX — ZIP Code Boundary Map

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