Real Estate Market Update for 77096 (Houston, TX)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to August's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 29% from one year earlier, and up 13% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 390-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 380-thousand dollars. The number of units sold decreased 8% year-over-year, and decreased 33% 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 77096 (Houston, TX)
Area Information for 77096 (Houston, TX)
  • Population: 35,057
  • Median Age: 37.47 yr
  • Median Commute Time: 23.1 mins
  • Educational Climate*: 4
  • Sales Tax: 6.25%
  • Population Density: 5,857/sq mi
  • Population Change Since 2000: -.75%
  • Closest Airport: William P Hobby
  • Closest College: Houston Baptist University
  • Closest Jr. College: Bradford School Of Business
  • Median Household Income: $59,190
  • Annual Residential Turnover: 16.76%
  • Median Years in Residence: 3.72 yr
  • Median Home Sales Price: $275,625
  • Closest Major Sports Team: Texans
  • Change Avg. Household Income Since 2000: 31%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 77096 (Houston, TX)
Median Age: 37.47 Married: 33% Number of Households: 14,985 Households with Children: 4,665
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 77096 (Houston, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Harmony Science Academy 0.1 mi Public K-8 4 4
      Harmony Science Academy - Houston 0.1 mi Public K-8 2 0
      The Shlenker School 0.5 mi Private PRESCHOOL-5 0 5
      Johnston Middle School 0.5 mi Public 6-8 3-5 3
      Parker Elementary School 0.6 mi Public PRESCHOOL-5 4 5
      Mrs. Wagner's School 0.7 mi Private PRESCHOOL-3 0 5
      Kolter Elementary School 0.7 mi Public PRESCHOOL-5 5 5
      Herod Elementary School 0.8 mi Public PRESCHOOL-5 4 5
      Sephardic Gan 0.9 mi Private PRESCHOOL-8 0 0
      Westbury Christian Lower School 0.9 mi Private PRESCHOOL-12 0 4
      Pilgrim Lutheran School 0.9 mi Private PRESCHOOL-8 0 5
      Lovett Elementary School 0.9 mi Public K-5 4-5 4
      St Thomas More Parish School 0.9 mi Catholic PRESCHOOL-8 0 4
      St Thomas Episcopal School 1.2 mi Private K-12 0 4
      Elrod Elementary School 1.3 mi Public PRESCHOOL-5 2-5 3
      Inspired For Excellence Academy West 1.5 mi Public 5-6 0 0
      Fondren Middle School 1.5 mi Public 6-8 1 2
      Tinsley Elementary School 1.7 mi Public 1-5 2 2
      Halpin Early Childhood Center 1.7 mi Public PRESCHOOL-K 0 0
      Beth Yeshurun Day School 1.9 mi Private PRESCHOOL-5 0 4
      Uos Montessori 2.0 mi Private PRESCHOOL-K 0 0
      Torah Day School 2.0 mi Private PRESCHOOL-8 0 4
      La Amistad Love & Learning Academy 2.0 mi Public PRESCHOOL-5 4-5 3
      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 77096 (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.