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Area data

Houston, TX — ZIP 77023

Population: 24,281 (Census ACS)

Home values & appreciation

Median home value
$249,636
1-year appreciation
-6.6%
3-year appreciation
-10.0%
5-year appreciation
-4.6%
10-year appreciation
+44.4%
All-time peak (2022-07)
$284,908
House Price Index
440.1 (-0.8% YoY)

Market activity

Median sale price
$280,000
Median list price
$339,945
Median days on market
81 days
Sale-to-list ratio
95.6%
Active listings
89
1-year forecast
-0.7%
New listings (monthly)
18

Rents

Typical rent
$1,397/mo
1-year rent change
+0.9%
1BR fair-market rent
$1,030/mo
3BR fair-market rent
$1,650/mo

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
13
Elementary schools
5
Middle schools
3
High schools
2
Charter schools
4

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
coldWave, heatWave, hurricane, iceStorm, inlandFlooding
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
73.0°F
Average high
81.0°F
Average low
64.0°F
Annual precipitation
60.4 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
64
Days with Good air quality
44
Days with Unhealthy air quality
9

Walkability & transit

Walkability index
16.5 / 20
Transit service frequency
456

Amenities

Nearest airport
William P. Hobby Airport (HOU) (6 mi)
Nearest major airport
William P. Hobby Airport (HOU) (6 mi)
Hospitals nearby (~15 mi)
39
Avg hospital rating
3.5 / 5
Solar radiation rating
Good (4.5 kWh/m²/day)

Migration

Net migration
-3,367 tax filers

Housing stock

Median year housing built
1,956
Median annual property tax
$3,203
Mean commute to work
22 min
Households with broadband internet
62.8%

Employment & development

Total county employment
2,145,127
Average weekly wage
$1,656
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
19,705

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents