Real Estate Market Update for 77004 (Houston, TX)
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 28% from one year earlier, and down 10% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 440-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 23%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 300-thousand dollars. The number of units sold decreased 14% year-over-year, and decreased 9% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 77004 (Houston, TX)
Area Information for 77004 (Houston, TX)
  • Population: 33,821
  • Median Age: 29.39 yr
  • Median Commute Time: 19.1 mins
  • Educational Climate*: 4
  • Sales Tax: 6.25%
  • Population Density: 5,855/sq mi
  • Population Change Since 2000: 11.46%
  • Closest Airport: William P Hobby
  • Closest College: Texas Southern University
  • Closest Jr. College: Houston Community College
  • Median Household Income: $33,771
  • Annual Residential Turnover: 17.55%
  • Median Years in Residence: 2.72 yr
  • Median Home Sales Price: $225,000
  • Closest Major Sports Team: Houston Dynamo
  • Change Avg. Household Income Since 2000: 64%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 77004 (Houston, TX)
Median Age: 29.39 Married: 14% Number of Households: 13,263 Households with Children: 2,632
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 77004 (Houston, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      South Early College H S 0.0 mi Public 9-9 0 0
      Walipp 0.0 mi Public 6-8 0 0
      Tsu Charter Lab School 0.3 mi Public PRESCHOOL-2 0 4
      Blackshear Elementary School 0.3 mi Public PRESCHOOL-5 1 3
      St. Mary Of The Purification Mon 0.5 mi Catholic PRESCHOOL-5 0 4
      Lockhart Elementary School 0.5 mi Public PRESCHOOL-5 3 4
      Yates High School 0.5 mi Public 9-12 1 2
      Ryan Middle School 0.6 mi Public 6-8 1 3
      St. James School 0.6 mi Private PRESCHOOL-K 0 3
      Contemporary Lrn Ctr Middle School 0.8 mi Public 7-8 0 0
      Young Women's College Prep Academy 0.8 mi Public - 4-5 4
      Contemporary Lrn Ctr High School 0.8 mi Public 7-12 0 0
      Wheeler Avenue Christian Academy 0.8 mi Private PRESCHOOL-K 0 0
      Yellowstone Academy 1.0 mi Private PRESCHOOL-8 0 0
      Koinonia Community Learning Academy 1.0 mi Public K-5 0 4
      Macgregor Music And Science Academy 1.1 mi Public PRESCHOOL-5 3 4
      Hcc Life Skills Program 1.2 mi Public 12-12 0 0
      Montessori Country Day School 1.2 mi Private PRESCHOOL-K 0 0
      Montessori School Of Downtown 1.2 mi Private PRESCHOOL-3 0 3
      Presbyterian School 1.5 mi Private PRESCHOOL-8 0 5
      St Paul's School 1.5 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 77004 (Houston, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.