Real Estate Market Update for 77079 (Houston, TX)
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was up 84% from one year earlier, and down 10% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 580-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 42%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 440-thousand dollars. The number of units sold decreased 3% year-over-year, and increased 36% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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.
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Map Information for 77079 (Houston, TX)
Area Information for 77079 (Houston, TX)
  • Population: 33,159
  • Median Age: 40.5 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 5
  • Sales Tax: 8%
  • Population Density: 4,521/sq mi
  • Population Change Since 2000: 8.27%
  • Closest Airport: George Bush Intercontinental/houston
  • Closest College: American Cllg Acupuncture-orntl Medcn
  • Closest Jr. College: Remington College-houston
  • Median Household Income: $97,639
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $452,625
  • Closest Major Sports Team: Houston Texans
  • Change Avg. Household Income Since 2000: 41.58%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 77079 (Houston, TX)
Median Age: 40.5 Married: 44% Number of Households: 12,957 Households with Children: 4,437
    • 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 77079 (Houston, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Stratford High School 0.0 mi Public 9-12 3-5 4
      Thornwood Elementary School 0.1 mi Public PRESCHOOL-5 2-5 2
      Memorial Private High School 0.3 mi Private 7-12 0 5
      Meadow Wood Elementary School 0.6 mi Public PRESCHOOL-5 3-5 5
      Spring Forest Middle School 0.6 mi Public 6-8 2-5 4
      Christ Memorial Lutheran Early Childhood Learning 0.7 mi Private PRESCHOOL-K 0 0
      Nottingham Elementary School 0.8 mi Public PRESCHOOL-5 2 4
      Yorkshire Academy 0.8 mi Private PRESCHOOL-5 0 5
      Westchester Academy For Internatio 1.4 mi Public 6-12 4 3
      Wilchester Elementary School 1.5 mi Public PRESCHOOL-5 5 5
      Westlake Child Development Center 1.6 mi Private PRESCHOOL-K 0 0
      Rummel Creek Elementary School 2.0 mi Public PRESCHOOL-5 4-5 5
      Smaller Scholars Too 2.3 mi Private PRESCHOOL-K 0 0
      Maurice L Wolfe Elementary School 2.3 mi Public K-5 3 4
      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: and Onboard Informatics © 2015
      Local Weather for 77079 (Houston, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.