Greenspoint, Houston, TX—77060
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Greenspoint, Houston, TX
Home Price Trends — Greenspoint, Houston, TX
As of Oct '25, the median home price in Greenspoint, Houston, TX is $192,000, with a year-over-year change of -2.5%. This indicates that home prices in Greenspoint, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $192,000 | -2.5% |
| Single Family | $196,000 | -2.5% |
| Condos | $88,000 | 2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $82,000 | -11.8% |
2 Bed | $108,000 | -9.2% |
3 Bed | $192,000 | -3.0% |
4 Bed | $216,000 | -1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greenspoint, Houston, TX
As of July '25, Rentcast reports the average rent in Greenspoint, Houston, TX is $952, with a year-over-year rent change of -15.0%. Per bedroom, the median rent as of July '25 in Greenspoint, Houston, TX is studios: $690, 1-bedrooms: $783, 2-bedrooms: $1,030, 3-bedrooms: $1,540, 4-bedrooms: $2,050. The most common rental property sizes in Greenspoint, Houston, TX are 1-bedroom and 2-bedroom, accounting for 44.0% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $872 | $952 |
| Studio Rent | $702 | $690 |
| 1 Bed Rent | $750 | $783 |
| 2 Bed Rent | $998 | $1,030 |
| 3 Bed Rent | $1,300 | $1,540 |
| 4 Bed Rent | $1,960 | $2,050 |
% of Rental Stock
Property Listings — Greenspoint, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenspoint, Houston, TX is 44. This is a increase of 40.0% from last year, suggesting that homes are sitting on the market longer 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 | $208,000 | -12.0% |
Listing Count | 36 | 92.0% |
| Listings as % of Homes | 0.1% | 92.0% |
Days on Market | 44 | 40.0% |
Demographics — Greenspoint, Houston, TX
As of the latest ACS Survey released in 2023, Greenspoint, Houston, TX has a population of 44,900, which has remained stable by 0.2% over the past 5 years. Greenspoint, Houston, TX is a popular place for families, as children make up 31.9% of the population. The area has a poorly educated workforce, with 7.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,900 | 0.2% |
% Under 18 | 31.9% | -9.9% |
% Seniors | 5.7% | 11.8% |
% WFH | 4.0% | 185.7% |
% w/ College Degree | 7.0% | 11.1% |
As of the latest ACS Survey released in 2023, Greenspoint, Houston, TX is a predominantly hispanic area, with 73.4% of the population identifying as hispanic. The hispanic population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Greenspoint, Houston, TX is black, making up 18.4% of the population. Foreign-born residents account for 42.4% of the population in Greenspoint, Houston, TX, and this percentage has increased by 7.3% 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 | 4.7% | -14.5% |
% Black | 18.4% | 8.9% |
% Hispanic | 73.4% | -2.8% |
% Asian | 0.9% | -30.8% |
% Foreign Born | 42.4% | 7.3% |
Mortgage and Risk — Greenspoint, Houston, TX
According to HUD data as of 2023, there were 63 mortgage originations in Greenspoint, Houston, TX, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Greenspoint, Houston, TX. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Greenspoint, Houston, TX
As of 2024, the percent of homes in Greenspoint, Houston, TX under the Section 8 program is 2.9%. 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 Greenspoint, 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 | 310 |
Total Units Section 8 | 310 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $750 | $1,070 |
| 2 Bedroom | $282 | $998 | $1,280 |
| 3 Bedroom | $410 | $1,300 | $1,710 |
| 4 Bedroom | $190 | $1,960 | $2,150 |
Affordability — Greenspoint, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $192,000 |
| Median Household Income | $37,800 |