77030, Houston, TX

Houston, TX is one of the most populous cities in the United States and has a population of over 2 million people. The 77030 zip code covers a large area in southeast Houston and includes many affluent neighborhoods such as River Oaks, Memorial Park, and Montrose. Home prices in this zip code have increased significantly over the past few years, reaching record highs in 2017.

The 77030 zip code has seen an increase in home equity values since 2012. At that time, home equity values averaged $142,000 per household. In 2017, home equity values had increased to an average of $248,000 per household. This increase is primarily due to strong economic growth in Houston over the past few years and increasing demand for housing among affluent residents.

Home prices are not likely to decrease anytime soon in the 77030 zip code. There is strong demand for housing among affluent residents and limited supply of properties available for purchase. Additionally, rising interest rates are likely to continue boosting home values over the long term.