Zip Code:

77477, Stafford, TX

77477 is a Texas Zip code within the city of Stafford and the county of Fort Bend County. Its population is roughly 35,830.

The Real Estate Market in Stafford, TX

Stafford, TX is located in Harris County and has a population of over 102,000. The median household income in Stafford is $75,000 and the median home value is $236,500. The 77477 zip code has a home equity rate of 66% which is lower than the national average of 74%. The percentage of homes that are owned outright is lower than the national average of 63%, but higher than the state average of 54%. There are also more homes that are rented (34%) than owned (26%).

The Stafford area has seen steady growth over the past few years. In 2013, there was a 1.5% increase in population and a 2.4% increase in housing values. This growth has led to an increase in home equity rates as well as home prices. In 2014, there was another 1.5% increase in population and another 2.4% increase in housing values which resulted in an overall home equity rate of 67%. 2015 saw even more growth with a 3% increase in population and another 2.8% increase in housing values resulting in an overall home equity rate of 69%. 2016 saw yet another 3% increase in population and yet another 2.8% increase in housing values resulting in an overall home equity rate of 71%. 2017 looks to be even better with projected growth rates at 2-3%. This would result again an overall home equity rate of 71%.

While Stafford may not have the highest percentage rates out there, it does have some good news when it comes to homeownership rates:

- Stafford ranks #11 out of 17 Texas cities for homeownership rates

- Stafford ranks #1 out of 17 Texas cities for percentage owner-occupied homes

- Stafford ranks #2 out of 17 Texas cities for percentage rented homes

Price Index: Houston-The Woodlands-Sugar Land, TX

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