Friendswood, Texas Real Estate & Housing Market

Friendswood, TX Listings

For Sale For Rent

Find real estate listings

Find rental listings

Friendswood Housing Information

Index	Friendswood	Texas	National
Median home price	$241,700	$142,700	$184,700
Median rent asked	$1,097	$911	$949
Avg. people per household	2.8	2.8	2.6
Owner occupied households	79.3%	61.9%	63.6%
Renter occupied households	20.7%	38.1%	36.4%

The above shows an overview of the real estate market in Friendswood, TX. Note how the median home price for Friendswood, TX runs $241,700, which is 69% higher than the average property price for Texas. So you’re going to get real estate in Friendswood, TX that is on-average less affordable than what you’ll find in the rest of Texas. As for rent, the median for Friendswood, TX runs $1,097, which is comparatively 20% higher than the average rent for Texas. For Friendswood, TX, about 79.3% of the population consist of home owners with about 2.8 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Friendswood, TX offers a wide variety of real estate. To find your perfect home in Friendswood, TX, filter your choice by price, location, and number of beds and baths using the search area above.

Friendswood Home Affordability

When deciding where to purchase Friendswood, TX real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Friendswood, TX the median home price is $241,700 and $95,241 is the median household income. As a result, the home price to income ratio in Friendswood, TX is 2.5x, which is 3% lower than the Texas average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Friendswood, TX the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Friendswood, TX.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Bacliff, TX	9,004	$78,800	57%
South Houston, TX	17,474	$83,400	55%
Liverpool, TX	431	$85,300	54%
La Marque, TX	15,567	$88,000	52%
Hitchcock, TX	7,464	$91,000	51%
Friendswood, TX	38,272	$241,700	31%

Cities with similar population

City, State	Population	Home Price	National Avg.
Carpentersville, IL	38,275	$151,300	18%
Montclair, CA	38,294	$281,100	52%
Chelsea, MA	38,244	$280,900	52%
Florence, SC	38,221	$155,700	16%
Hanover Park, IL	38,331	$168,100	9%
Friendswood, TX	38,272	$241,700	31%

Source: The Friendswood, TX housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).