Powell Point—77451
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Powell Point
As of Oct '25, the median home price in Powell Point is $172,000, with a year-over-year change of -2.4%. This indicates that home prices in Powell Point 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 | $172,000 | -2.4% |
| Single Family | $172,000 | -2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Powell Point
As of July '25, Rentcast reports the average rent in Powell Point is $1,400, with a year-over-year rent change of -17.6%. Per bedroom, the median rent as of July '25 in Powell Point is 3-bedrooms: $1,400. The most common rental property sizes in Powell Point are 2-bedroom and 3-bedroom, accounting for 43.5% and 37.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,350 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Powell Point
Powell Point lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $174,000 | N/A |
Listing Count | 2 | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | 197 | N/A |
Demographics — Powell Point
As of the latest ACS Survey released in 2023, Powell Point has a population of 510, which has increased by 722.6% over the past 5 years. Powell Point is a popular place for families, as children make up 39.6% of the population. The area has a poorly educated workforce, with 8.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 510 | 722.6% |
% Under 18 | 39.6% | 75.2% |
% Seniors | 21.8% | -20.4% |
% WFH | 8.6% | ∞% |
% w/ College Degree | 8.8% | ∞% |
As of the latest ACS Survey released in 2023, Powell Point is a predominantly black area, with 52.5% of the population identifying as black. The black population has shrunk by 44.9% in the last 5 years. The second most common race or ethnicity in Powell Point is hispanic, making up 47.5% of the population. Foreign-born residents account for 8.6% of the population in Powell Point, and this percentage has increased by Inf% 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 | 0.0% | N/A |
% Black | 52.5% | -44.9% |
% Hispanic | 47.5% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 8.6% | ∞% |
Mortgage and Risk — Powell Point
Powell Point lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Powell Point
Powell Point lacks sufficient Section 8 program data for analysis.
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | $290 | $1,350 | $1,640 |
| 4 Bedroom | N/A | N/A | $2,070 |
Affordability — Powell Point
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $172,000 |
| Median Household Income | $41,800 |