Powell Point77451

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$172,000
2.9% YoY Growth
Median Household Income
$41,800
66.2% 5-Year Growth
Days on Market
67
N/A
Home Price Forecast
0.4%
Median Rent
$1,350
17.6% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,350
17.6% YoY Growth

Property Listings — Powell Point

As of Aug '25 and according to Realtor.com, the median days on market for a home in Powell Point is 67. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$202,000N/A
Listing Count
5N/A
Listings as % of HomesN/AN/A
Days on Market
67N/A
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Demographics — Powell Point

MetricLatest CensusYoY % Change
Population
510722.6%
% Under 18
39.6%75.2%
% Under 5N/AN/A
% Seniors
21.8%-20.4%
% WFH
8.6%∞%
% w/ College Degree
8.8%∞%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
0.0%N/A
% Black
52.5%-44.9%
% Hispanic
47.5%∞%
% Asian
0.0%N/A
% Foreign Born
8.6%∞%
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Mortgage and Risk — Powell Point

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 Powell Point 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 Powell Point. Investor activity in Powell Point 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 — Powell Point

As of 2024, the percent of homes in Powell Point under the Section 8 program is 4.3%. 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
4.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,030
2 BedroomN/AN/A$1,230
3 Bedroom$290$1,350$1,640
4 BedroomN/AN/A$2,070

Affordability — Powell Point

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.2N/AN/A
Median Home Price$172,000N/AN/A
Median Household Income$41,800N/AN/A

Powell Point — ZIP Code Boundary Map

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