77478, Sugar Land, TX

The 77478 zip code of Sugar Land, TX has a median home value of $247,000 and a median home equity value of $141,000. The city has a population of around 129,000 people and is located in the Houston metropolitan area.

There are a number of factors that affect home prices in any given area. In Sugar Land, TX, the most important factors are likely to be demand from buyers and sellers, local economic conditions (including job growth and inflation), and regulations affecting housing development.

Sugar Land is experiencing strong demand from buyers, with over 21% of homes currently on the market having been sold within the past year. This high demand is likely due to both its location within Houston (one of the most populous cities in America) as well as its many amenities (including excellent schools and plenty of shopping options).

However, there is also significant competition for homes in Sugar Land – especially among those who want to live in desirable neighborhoods like The Woodlands or West University Place. As such, prices have tended to rise more slowly than they would if there were less competition among buyers.

In terms of local economic conditions – including job growth and inflation – Sugar Land has seen relatively stable prices over the past few years. This suggests that neither current economic conditions nor future prospects are likely to have a large impact on home prices in this area.