Houston, TX Real Estate
According to census data in the year 2000 there were 782,378 housing units in Houston.
This represents a 7.7% growth from 726,435 in 1990.
Of those housing units, 781,214 were located in either urbanized areas or urban clusters, and 1,164 were located in what is classified as a rural area.
Homeownership rate in Houston is about 45.8%.
Houston's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Houston were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.90% |
| One Bedroom | 26.90% |
| Two Bedrooms | 28.60% |
| Three Bedrooms | 26.60% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $79,300 |
| Median Price asked for vacant units | $75,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $548 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 3% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 56.30% |
| Debt Free | 37.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
