Compare with
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +8.3% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +0.6% YoY, is the number to watch.
The median listing price is up 8.3% YoY while the median home got up 2.5% bigger, so value per square foot is up 4.0%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $430K purchase rents for $2,200/mo: 0.51% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price), 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent).
Rentals here take about 4 days longer to find a tenant than sales take to go under contract (median across 2 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (rented here, not sold).
U.S. Census ACS characteristics for ZIP 77302 itself, not its parent county.
Renters hold 17.1% of this ZIP's 7,487 occupied households, on a median household income of $85K.
| Measure | ZIP 77302 | Montgomery County | Difference |
|---|---|---|---|
| Median Household Income | $85K | $98K | -$13K |
| Below Poverty Level | 13.3% | 9.4% | +3.9% |
| Median Age | 37.50 | 37.20 | +0.30 |
| Total Population | 21,546 | 684,432 | -- |
| Avg Household Size | 2.88 | 2.75 | +0.13 |
| Owner-Occupied | 82.9% | 71.8% | +11.1% |
| Worked From Home | 19.1% | 15.9% | +3.2% |
| Mean Commute | 32.20 | 31.80 | +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 4.5% to 684,432: residents under 18 are up 3.6% and those 65 and over are up 6.2%.
County median household income is $98K, 9.4% of residents are below the poverty level, 15.9% work from home.