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Housing in Grangerland

A typical Grangerland home is worth roughly $331,000

Home prices around Grangerland have risen about 101% over the past 5 years.

Typical home value
$331K
▲ 39.4% in a year · TX $299K
Estimate
2-bedroom rent
$1,340
a month, utilities in · HUD
Median tax bill
$2,465
TX $4,232

What kind of housing town is Grangerland?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 101% in 5 years

The federal house price index for the ZIP codes around Grangerland rose 101% over the past 5 years, faster than across Texas (43%). Last year prices rose 39%.

Grangerland areaTexas
0%+100%+200%+300%+400%200020052010201520202025
+39%
past year
+101%
past 5 years
+171%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Grangerland, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 3.5 years of income

Less than across Texas (3.8 years). Try your own numbers below.

You could afford about
$382,000
Typical Grangerland home $331K

That covers a typical Grangerland home, with $51K to spare.

The typical home, each month
$1,940
Loan $1,640Tax $210Insurance $100

A two-bedroom rents for about $1,340 a month here, $600 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Grangerland’s typical property tax (0.75% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,340

Fair Market Rent a month, utilities included

Studio$1,090
1 bedroom$1,130
2 bedrooms$1,340
3 bedrooms$1,800
4 bedrooms$2,240
19%
of households rent · TX 37%
71
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

81% of Grangerland households own their home

Half of Grangerland’s homes were built before 1979.

Owners and renters
Own 81%Rent 19%

Texas: 63% own.

1979
typical home built · TX 1992
$2,465
median property tax bill · TX $4,232
0.75%
of a home’s value, a year in tax · TX 1.49%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Grangerland buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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