Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 15,860, 4,821 total housing units (homes and apartments), and a median house value of $190,574, house prices in South Houston are solidly below the national average.
Single-family detached homes are the single most common housing type in South Houston, accounting for 68.12% of the city's housing units. Other types of housing that are prevalent in South Houston include large apartment complexes or high rise apartments ( 18.18%), mobile homes or trailers ( 6.49%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.29%).
The most prevalent building size and type in South Houston are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.84% owning and 48.16% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. South Houston's housing was primarily built during this period, from the '40s through the '60s. A full 50.94% of the city's housing hails from this era. Other housing ages represented in South Houston include homes built between 1970-1999 ( 31.66%) and housing constructed between 2000 and later ( 16.26%). There's also some housing in South Houston built before 1939 ( 1.14%).
Vacant housing appears to be an issue in South Houston. Fully 11.12% of the housing stock is classified as vacant. Left unchecked, vacant South Houston homes and apartments can be a drag on the real estate market, holding South Houston real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in South Houston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.95%, which ranks in the top 50% nationwide. This equates to an annual average South Houston house appreciation rate of 6.68%.
Over the last year, South Houston appreciation rates have trailed the rest of the nation. In the last twelve months, South Houston's appreciation rate has been 5.01%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in South Houston were at 1.69%, which equates to an annual appreciation rate of 6.92%.
Relative to Texas, our data show that South Houston's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.
$190,574
for Texas
for nation
4,821
$1,599 / per month