House Prices

Park Place Houston, TX House Prices & Home Values 2026


Average Data

average house price$199,093
average size per house1499 ft²
average price per ft²121 $ / ft²

04/04/2026 - The value range (VR) for house prices in Park Place Houston, TX is $102/ sqft to $126/ sqft. An average home with 1499 sqft costs approximately $138,220 to $170,743. Houston, TX includes 2 ZIP codes and it is located in Harris county. The lowest prices are found in ZIP 77017, while the highest are in ZIP 77087. The average price per sqare feet is $121. Our analysis is based on 38 property listings.

Avergage prices by ZIP codes Park Place Houston

77017102 $ / ft²
77087126 $ / ft²




Historical development of home values in Park Place Houston

Year Estimated value (USD) Change vs. 2025
2010 $92,462 -53.6%
2011 $88,887 -55.4%
2012 $88,648 -55.5%
2013 $91,961 -53.8%
2014 $96,534 -51.5%
2015 $101,488 -49.0%
2016 $106,784 -46.4%
2017 $112,548 -43.5%
2018 $118,770 -40.3%
2019 $124,277 -37.6%
2020 $130,702 -34.4%
2021 $148,659 -25.3%
2022 $173,304 -13.0%
2023 $182,757 -8.2%
2024 $193,329 -2.9%
2025 $199,093 0.0%

Graph: estimated home values in Park Place Houston over time (USD)



Example: 100% financing house in Park Place Houston

Loan amount: $199,093

Interest rate: 5.42%

Fixed monthly payment: $1,120.95

Breakdown in the 1st month:
Interest portion: $899.90  –  Principal portion: $221.05

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,731.86 $2,719.58 $196,373.42
2 $10,580.62 $2,870.81 $193,502.61
3 $10,420.98 $3,030.46 $190,472.15
4 $10,252.46 $3,198.98 $187,273.17
5 $10,074.57 $3,376.87 $183,896.31
6 $9,886.78 $3,564.65 $180,331.66
7 $9,688.56 $3,762.88 $176,568.78
8 $9,479.31 $3,972.13 $172,596.65
9 $9,258.42 $4,193.01 $168,403.63
10 $9,025.25 $4,426.18 $163,977.45
11 $8,779.12 $4,672.32 $159,305.13
12 $8,519.30 $4,932.14 $154,372.99
13 $8,245.02 $5,206.41 $149,166.58
14 $7,955.50 $5,495.93 $143,670.65
15 $7,649.88 $5,801.56 $137,869.09
16 $7,327.26 $6,124.18 $131,744.91
17 $6,986.70 $6,464.74 $125,280.18
18 $6,627.20 $6,824.23 $118,455.95
19 $6,247.72 $7,203.72 $111,252.22
20 $5,847.12 $7,604.31 $103,647.91
21 $5,424.26 $8,027.18 $95,620.73
22 $4,977.87 $8,473.56 $87,147.17
23 $4,506.67 $8,944.77 $78,202.40
24 $4,009.26 $9,442.18 $68,760.23
25 $3,484.19 $9,967.25 $58,792.98
26 $2,929.92 $10,521.51 $48,271.47
27 $2,344.83 $11,106.60 $37,164.86
28 $1,727.21 $11,724.23 $25,440.63
29 $1,075.23 $12,376.20 $13,064.43
30 $387.01 $13,064.43 $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 Park Place Houston, TX


1500 sqft3900 sqft
Ø selling price$198,532$422,332
Ø fast selling$180,484$380,099
Ø high price sale$216,581$464,565

In 2026, houses in Park Place Houston, TX will be offered at an average price of $121 per square foot. A 1,500 sqft home priced at $198,532 is 20.79% more expensive per square foot than a 3,900 sqft home priced at $422,332. Home prices in Park Place 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 $292,384. Sellers who can wait longer may achieve a higher price of up to $357,358.


Park Place, Houston TX Neighborhood Guide

Overview

Park Place is a historic, well-connected neighborhood in southeast Houston, TX, blending affordability, convenience, and cultural diversity.
Located near Hobby Airport and major freeways like I-45 and Loop 610, Park Place Houston offers an easy commute to Downtown and the Port.

Living & Real Estate

The Park Place neighborhood features modest single-family homes, classic bungalows, and townhomes at competitive price points compared to many Houston markets.
Buyers searching homes for sale in Park Place Houston will find value, rental income potential, and ongoing revitalization on tree-lined streets.
Continued investment and proximity to job centers make Park Place appealing for first-time buyers and savvy investors.

Things to Do & Amenities

Residents enjoy quick access to Sims Bayou Greenway, local parks, and community centers for outdoor recreation.
Authentic taquerias, global eateries, and small businesses give Park Place Houston a vibrant neighborhood feel with plenty of local restaurants to explore.
Big-box retail and daily conveniences sit along Gulfgate and Telephone Road, just minutes from Park Place.

Schools & Transportation

Park Place is served by Houston ISD, with nearby campuses and charter options, and families value the neighborhood?s strong community ties.
Excellent transit links, including METRO routes and major arteries, connect Park Place to Downtown Houston, the Texas Medical Center, and Hobby Airport.



FAQ – Home Values in Park Place Houston

What is the median home value in Park Place Houston in 2026?

In 2026, the typical home value in Park Place Houston is about $199,093 for an average home size of 1499 square feet. This corresponds to an average price of roughly $121 per square foot.

What is the average cost per square foot in Park Place Houston?

In 2026, homes in Park Place Houston sell for an average of around $121 per square foot, with a typical range between $102 and $126 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Park Place?

The average home size in Park Place Houston is about 1499 square feet, with an estimated 2026 value around $199,093.



Neighborhoods close to Park Place Houston, TX

Acres Homes Houston, TX127 $ / 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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