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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −3.8% YoY. inventory, +15.9% YoY, is the number to watch.
The median listing price is down 3.8% YoY while the median home got down 4.5% bigger, so value per square foot is up 4.7%.
U.S. Census ACS characteristics for ZIP 77048 itself, not its parent county.
Renters hold 41.4% of this ZIP's 7,477 occupied households, on a median household income of $57K.
| Measure | ZIP 77048 | Harris County | Difference |
|---|---|---|---|
| Median Household Income | $57K | $75K | -$18K |
| Below Poverty Level | 26.9% | 16.3% | +10.6% |
| Median Age | 30.90 | 34.60 | -3.70 |
| Total Population | 21,151 | 4,838,303 | -- |
| Avg Household Size | 2.82 | 2.73 | +0.09 |
| Owner-Occupied | 58.6% | 54.7% | +3.9% |
| Worked From Home | 4.7% | 12.9% | -8.2% |
| Mean Commute | 28.60 | 29.00 | -0.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.7% to 4,838,303: residents under 18 are up 0.8% and those 65 and over are up 4.4%.
County median household income is $75K, 16.3% of residents are below the poverty level, 12.9% work from home.