Greenway Plaza, Houston, TX77046

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$330,000
2.9% YoY Growth
Median Household Income
$116,000
41.2% 5-Year Growth
Days on Market
92
50.0% Longer than last year
Home Price Forecast
-0.4%
Median Rent
$1,680
6.9% YoY Growth
1-Bed Rent
$1,580
9.0% YoY Growth
2-Bed Rent
$2,170
1.8% YoY Growth
3-Bed Rent
$4,200
N/A

Property Listings — Greenway Plaza, Houston, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Greenway Plaza, Houston, TX is 92. This is an increase of 50.0% 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 24.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$365,000-4.0%
Listing Count
17N/A
Listings as % of Homes1.2%N/A
Days on Market
9250.0%
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Demographics — Greenway Plaza, Houston, TX

MetricLatest CensusYoY % Change
Population
1,87093.1%
% Under 18
17.2%1,811.1%
% Under 5N/AN/A
% Seniors
36.0%63.6%
% WFH
18.5%168.1%
% w/ College Degree
70.9%6.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
48.1%-36.9%
% Black
18.5%1,133.3%
% Hispanic
28.9%256.8%
% Asian
4.2%-66.7%
% Foreign Born
17.2%-33.8%
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Mortgage and Risk — Greenway Plaza, 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 Greenway Plaza, Houston, TX in that year was NA. NA 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 NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Greenway Plaza, Houston, TX. Investor activity in Greenway Plaza, Houston, TX is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Greenway Plaza, Houston, TX

As of 2024, the percent of homes in Greenway Plaza, Houston, TX under the Section 8 program is 0.2%. 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
2
Total Units Section 8
2
% Rentals under Section 8
0.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$280$1,580$1,860
2 Bedroom$50$2,170$2,220
3 Bedroom-$1,240$4,200$2,960
4 BedroomN/AN/A$3,730

Affordability — Greenway Plaza, Houston, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.2N/AN/A
Median Home Price$330,000N/AN/A
Median Household Income$116,000N/AN/A

Greenway Plaza, Houston, TX — ZIP Code Boundary Map

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