77045, Houston, TX

Houston, TX is one of the most popular cities in the United States. It is also one of the most expensive cities to live in. The 77045 zip code is home to many affluent and wealthy residents. Home equity and home prices are high in this zip code.

The average home value in 77045 is $269,000. The median home value is $229,500. The homeownership rate in 77045 is 95%. This means that 5% of homes in this zip code are owned by someone other than the homeowner. Home equity loans are popular in this zip code because homeowners can use these loans to increase their home's value.

The average interest rate on a home equity loan in 77045 is 6%. This means that homeowners can borrow up to 96% of their homes' values using a home equity loan. Homeowners who have a good credit score can get a lower interest rate on their home equity loan than homeowners who have a poor credit score.

Home prices and mortgage rates change frequently throughout the year due to many factors including economic conditions, interest rates, and supply and demand for homes in Houston, TX.