Summerwood, Houston, TX—77044
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Summerwood, Houston, TX
As of Oct '25, the median home price in Summerwood, Houston, TX is $287,000, with a year-over-year change of -1.3%. This indicates that home prices in Summerwood, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $287,000 | -1.3% |
| Single Family | $287,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | -3.4% |
3 Bed | $236,000 | -2.1% |
4 Bed | $342,000 | -1.4% |
| 5 Bed | $499,000 | -1.0% |
% of Housing Stock
Rental Trends — Summerwood, Houston, TX
As of July '25, Rentcast reports the average rent in Summerwood, Houston, TX is $2,240, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Summerwood, Houston, TX is studios: $1,140, 1-bedrooms: $1,260, 2-bedrooms: $1,760, 3-bedrooms: $2,040, 4-bedrooms: $2,820. The most common rental property sizes in Summerwood, Houston, TX are 3-bedroom and 2-bedroom, accounting for 35.8% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $2,240 |
| Studio Rent | $1,000 | $1,140 |
| 1 Bed Rent | $1,200 | $1,260 |
| 2 Bed Rent | $1,590 | $1,760 |
| 3 Bed Rent | $1,820 | $2,040 |
| 4 Bed Rent | $2,650 | $2,820 |
% of Rental Stock
Property Listings — Summerwood, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Summerwood, Houston, TX is 51. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $344,000 | -4.0% |
Listing Count | 270 | 3.0% |
| Listings as % of Homes | 1.1% | 3.0% |
Days on Market | 51 | -1.0% |
Demographics — Summerwood, Houston, TX
As of the latest ACS Survey released in 2023, Summerwood, Houston, TX has a population of 55,700, which has increased by 21.5% over the past 5 years. Summerwood, Houston, TX is a popular place for families, as children make up 32.5% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 55,700 | 21.5% |
% Under 18 | 32.5% | -0.3% |
% Seniors | 7.3% | 46.0% |
% WFH | 13.8% | 294.3% |
% w/ College Degree | 34.1% | 16.0% |
As of the latest ACS Survey released in 2023, Summerwood, Houston, TX is a predominantly hispanic area, with 44.4% of the population identifying as hispanic. The hispanic population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Summerwood, Houston, TX is black, making up 33.0% of the population. Foreign-born residents account for 17.7% of the population in Summerwood, Houston, TX, and this percentage has decreased by 1.1% 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 | 18.7% | -24.3% |
% Black | 33.0% | 17.4% |
% Hispanic | 44.4% | -0.9% |
% Asian | 1.4% | -22.2% |
% Foreign Born | 17.7% | -1.1% |
Mortgage and Risk — Summerwood, Houston, TX
According to HUD data as of 2023, there were 976 mortgage originations in Summerwood, Houston, TX, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Summerwood, Houston, TX. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 976 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Summerwood, Houston, TX
As of 2024, the percent of homes in Summerwood, Houston, TX under the Section 8 program is 12.4%. 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. In Summerwood, Houston, 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 | 576 |
Total Units Section 8 | 576 |
% Rentals under Section 8 | 12.4% |
% Occupied Section 8 | 94.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $510 | $1,200 | $1,710 |
| 2 Bedroom | $450 | $1,590 | $2,040 |
| 3 Bedroom | $900 | $1,820 | $2,720 |
| 4 Bedroom | $780 | $2,650 | $3,430 |
Affordability — Summerwood, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $287,000 |
| Median Household Income | $92,400 |