House Prices

Hermann Park Rice University Houston, TX House Prices & Home Values 2026


Average Data

average house price$321,203
average size per house1404 ft²
average price per ft²236 $ / ft²

04/04/2026 - The value range (VR) for house prices in Hermann Park Rice University Houston, TX is $224.2/ sqft to $247.8/ sqft. An average home with 1404 sqft costs approximately $324,221 to $358,349. Houston, TX includes 1 ZIP codes and it is located in Harris county. The lowest prices are found in ZIP 77030, while the highest are in ZIP 77030. The average price per sqare feet is $236. Our analysis is based on 17 property listings.

Avergage prices by ZIP codes Hermann Park Rice University Houston

77030141 $ / ft²




Historical development of home values in Hermann Park Rice University Houston

Year Estimated value (USD) Change vs. 2025
2010 $149,172 -53.6%
2011 $143,404 -55.4%
2012 $143,018 -55.5%
2013 $148,364 -53.8%
2014 $155,741 -51.5%
2015 $163,734 -49.0%
2016 $172,279 -46.4%
2017 $181,577 -43.5%
2018 $191,616 -40.3%
2019 $200,501 -37.6%
2020 $210,866 -34.4%
2021 $239,837 -25.3%
2022 $279,596 -13.0%
2023 $294,847 -8.2%
2024 $311,904 -2.9%
2025 $321,203 0.0%

Graph: estimated home values in Hermann Park Rice University Houston over time (USD)



Example: 100% financing house in Hermann Park Rice University Houston

Loan amount: $321,203

Interest rate: 6.18%

Fixed monthly payment: $1,963.10

Breakdown in the 1st month:
Interest portion: $1,654.20  –  Principal portion: $308.91

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,743.52 $3,813.70 $317,389.30
2 $19,501.05 $4,056.18 $313,333.12
3 $19,243.15 $4,314.07 $309,019.05
4 $18,968.86 $4,588.37 $304,430.68
5 $18,677.13 $4,880.10 $299,550.58
6 $18,366.84 $5,190.38 $294,360.20
7 $18,036.84 $5,520.39 $288,839.82
8 $17,685.84 $5,871.38 $282,968.44
9 $17,312.54 $6,244.69 $276,723.75
10 $16,915.49 $6,641.73 $270,082.02
11 $16,493.21 $7,064.02 $263,018.00
12 $16,044.07 $7,513.15 $255,504.85
13 $15,566.38 $7,990.85 $247,514.00
14 $15,058.31 $8,498.91 $239,015.09
15 $14,517.94 $9,039.28 $229,975.81
16 $13,943.22 $9,614.01 $220,361.80
17 $13,331.95 $10,225.27 $210,136.53
18 $12,681.82 $10,875.40 $199,261.13
19 $11,990.35 $11,566.87 $187,694.26
20 $11,254.92 $12,302.30 $175,391.95
21 $10,472.73 $13,084.50 $162,307.46
22 $9,640.81 $13,916.42 $148,391.04
23 $8,755.99 $14,801.24 $133,589.80
24 $7,814.91 $15,742.31 $117,847.49
25 $6,814.00 $16,743.22 $101,104.26
26 $5,749.45 $17,807.77 $83,296.49
27 $4,617.22 $18,940.01 $64,356.48
28 $3,413.00 $20,144.23 $44,212.26
29 $2,132.21 $21,425.02 $22,787.24
30 $769.99 $22,787.24 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hermann Park Rice University Houston, TX


1500 sqft3900 sqft
Ø selling price$441,191$938,532
Ø fast selling$401,083$844,679
Ø high price sale$481,299$1,032,386

In 2026, houses in Hermann Park Rice University Houston, TX will be offered at an average price of $236 per square foot. A 1,500 sqft home priced at $441,191 is 23.69% more expensive per square foot than a 3,900 sqft home priced at $938,532. Home prices in Hermann Park Rice University Houston, TX vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $649,753. Sellers who can wait longer may achieve a higher price of up to $794,143.


Hermann Park / Rice University Neighborhood Guide, Houston, TX

Location and Connectivity

The Hermann Park/Rice University neighborhood sits just south of Downtown Houston, adjacent to the Texas Medical Center and the Museum District.
Residents enjoy quick access via METRORail, bike lanes, and major thoroughfares, making commutes to jobs, classes, and cultural venues remarkably easy.

Lifestyle and Recreation

Anchored by 445-acre Hermann Park, the area offers the Houston Zoo, Miller Outdoor Theatre, gardens, and a public golf course for year-round recreation.
Tree-lined paths, picnic lawns, and lakes create a green urban oasis, ideal for runners, families, and students.
Dining and coffee shops around Rice Village add vibrant nightlife and weekend brunch options within minutes.

Housing and Real Estate

Homebuyers find a mix of historic bungalows, modern townhomes, mid-rise condos, and luxury apartments near campus and the park.
Strong demand from medical professionals and academics supports resilient real estate values and competitive rental opportunities.
Buyers seeking homes for sale in Hermann Park Rice University value the walkability, lush scenery, and proximity to world-class institutions.

Schools and Community

The neighborhood benefits from top-rated schools, prestigious Rice University, and a collaborative, research-driven community.
Festivals, museum exhibits, and outdoor performances foster an active calendar of events, blending education, arts, and nature in the heart of Houston, TX.



FAQ – Home Values in Hermann Park Rice University Houston

What is the median home value in Hermann Park Rice University Houston in 2026?

In 2026, the typical home value in Hermann Park Rice University Houston is about $321,203 for an average home size of 1404 square feet. This corresponds to an average price of roughly $236 per square foot.

What is the average cost per square foot in Hermann Park Rice University Houston?

In 2026, homes in Hermann Park Rice University Houston sell for an average of around $236 per square foot, with a typical range between $224.2 and $247.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Hermann Park Rice University?

The average home size in Hermann Park Rice University Houston is about 1404 square feet, with an estimated 2026 value around $321,203.



Neighborhoods close to Hermann Park Rice University Houston, TX

Sunnyside Houston, TX129 $ / ft²
Tres Palacios Oaks Blessing, TX553 $ / ft²
Coles Crossing Cypress, TX146 $ / ft²
Downtown Houston, TX210 $ / ft²
Downtown Waco Waco, TX228 $ / ft²
Chisholm Trail Ranch Fort Worth, TX153 $ / ft²
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