Sharpstown, Houston, TX—77074
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sharpstown, Houston, TX
Home Price Trends — Sharpstown, Houston, TX
As of Oct '25, the median home price in Sharpstown, Houston, TX is $212,000, with a year-over-year change of -5.6%. This indicates that home prices in Sharpstown, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $212,000 | -5.6% |
| Single Family | $227,000 | -5.4% |
| Condos | $92,000 | -8.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $67,000 | -13.0% |
2 Bed | $112,000 | -4.3% |
3 Bed | $226,000 | -5.8% |
4 Bed | $261,000 | -4.0% |
| 5 Bed | $308,000 | -0.6% |
% of Housing Stock
Rental Trends — Sharpstown, Houston, TX
As of July '25, Rentcast reports the average rent in Sharpstown, Houston, TX is $1,490, with a year-over-year rent change of -8.0%. Per bedroom, the median rent as of July '25 in Sharpstown, Houston, TX is 1-bedrooms: $868, 2-bedrooms: $1,390, 3-bedrooms: $2,010, 4-bedrooms: $2,400. The most common rental property sizes in Sharpstown, Houston, TX are 1-bedroom and 2-bedroom, accounting for 39.2% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,490 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $771 | $868 |
| 2 Bed Rent | $1,400 | $1,390 |
| 3 Bed Rent | $1,900 | $2,010 |
| 4 Bed Rent | $2,200 | $2,400 |
% of Rental Stock
Property Listings — Sharpstown, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Sharpstown, Houston, TX is 46. This is a decrease of -9.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $237,000 | -3.0% |
Listing Count | 82 | 23.0% |
| Listings as % of Homes | 0.2% | 23.0% |
Days on Market | 46 | -9.0% |
Demographics — Sharpstown, Houston, TX
As of the latest ACS Survey released in 2023, Sharpstown, Houston, TX has a population of 37,500, which has decreased by -9.5% over the past 5 years. Sharpstown, Houston, TX is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,500 | -9.5% |
% Under 18 | 27.7% | -3.1% |
% Seniors | 10.8% | 24.1% |
% WFH | 3.3% | 73.7% |
% w/ College Degree | 20.3% | 3.6% |
As of the latest ACS Survey released in 2023, Sharpstown, Houston, TX is a predominantly hispanic area, with 62.3% of the population identifying as hispanic. The hispanic population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Sharpstown, Houston, TX is white, making up 14.3% of the population. Foreign-born residents account for 53.1% of the population in Sharpstown, Houston, TX, and this percentage has increased by 10.4% 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 | 14.3% | -13.9% |
% Black | 13.9% | 12.1% |
% Hispanic | 62.3% | 1.5% |
% Asian | 8.3% | 9.2% |
% Foreign Born | 53.1% | 10.4% |
Mortgage and Risk — Sharpstown, Houston, TX
According to HUD data as of 2023, there were 118 mortgage originations in Sharpstown, Houston, TX, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Sharpstown, Houston, TX. Investor activity is low, as 6.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Sharpstown, Houston, TX
As of 2024, the percent of homes in Sharpstown, Houston, TX under the Section 8 program is 1.8%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Sharpstown, Houston, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 204 |
Total Units Section 8 | 161 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 96.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $329 | $771 | $1,100 |
| 2 Bedroom | -$90 | $1,400 | $1,310 |
| 3 Bedroom | -$150 | $1,900 | $1,750 |
| 4 Bedroom | $0 | $2,200 | $2,200 |
Affordability — Sharpstown, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $212,000 |
| Median Household Income | $47,400 |