South Houston, TX—77587
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Houston, TX
As of Oct '25, the median home price in South Houston, TX is $190,000, with a year-over-year change of -4.2%. This indicates that home prices in South Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | -4.2% |
| Single Family | $191,000 | -4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $149,000 | -6.3% |
3 Bed | $198,000 | -3.4% |
4 Bed | $238,000 | -2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Houston, TX
As of July '25, Rentcast reports the average rent in South Houston, TX is $1,600, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in South Houston, TX is 1-bedrooms: $874, 2-bedrooms: $1,350, 3-bedrooms: $1,900, 4-bedrooms: $1,780. The most common rental property sizes in South Houston, TX are 2-bedroom and 3-bedroom, accounting for 39.4% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $874 |
| 2 Bed Rent | $1,400 | $1,350 |
| 3 Bed Rent | $1,750 | $1,900 |
| 4 Bed Rent | $1,800 | $1,780 |
% of Rental Stock
Property Listings — South Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in South Houston, TX is 58. This is a increase of 4.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $304,000 | 3.0% |
Listing Count | 31 | 72.0% |
| Listings as % of Homes | 0.2% | 72.0% |
Days on Market | 58 | 4.0% |
Demographics — South Houston, TX
As of the latest ACS Survey released in 2023, South Houston, TX has a population of 16,100, which has decreased by -5.8% over the past 5 years. South Houston, TX is a popular place for families, as children make up 32.2% of the population. The area has a poorly educated workforce, with 9.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,100 | -5.8% |
% Under 18 | 32.2% | -3.3% |
% Seniors | 8.8% | -2.2% |
% WFH | 2.9% | 61.1% |
% w/ College Degree | 9.2% | 29.6% |
As of the latest ACS Survey released in 2023, South Houston, TX is a predominantly hispanic area, with 91.1% of the population identifying as hispanic. The hispanic population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in South Houston, TX is white, making up 4.8% of the population. Foreign-born residents account for 31.2% of the population in South Houston, TX, and this percentage has decreased by 12.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 4.8% | -39.2% |
% Black | 2.3% | 187.5% |
% Hispanic | 91.1% | 0.3% |
% Asian | 1.6% | 300.0% |
% Foreign Born | 31.2% | -12.8% |
Mortgage and Risk — South Houston, TX
According to HUD data as of 2023, there were 62 mortgage originations in South Houston, TX, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in South Houston, TX. Investor activity is low, as 6.0% 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 | 62 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — South Houston, TX
As of 2024, the percent of homes in South Houston, TX under the Section 8 program is 8.7%. 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 and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in South Houston, TX, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 208 |
Total Units Section 8 | 208 |
% Rentals under Section 8 | 8.7% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $390 | $750 | $1,140 |
| 2 Bedroom | -$40 | $1,400 | $1,360 |
| 3 Bedroom | $60 | $1,750 | $1,810 |
| 4 Bedroom | $480 | $1,800 | $2,280 |
Affordability — South Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $190,000 |
| Median Household Income | $52,400 |