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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 Type6.90%
One Bedroom26.90%
Two Bedrooms28.60%
Three Bedrooms26.60%
Four Bedrooms9.50%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1967
Median Value of occupied units$79,300
Median Price asked for vacant units$75,300

Rented Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1975
Median Monthly Rent asked for vacant units$548

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage3%
Home Equity Loan3.40%
Simple Mortgage56.30%
Debt Free37.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%