The story of this market
The typical home in ZIP 77445 sells for about $270,000, or $145 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 77445 — Hempstead
The housing market in 77445 remains stable with moderate activity and pricing that reflects its rural character. While inventory is sufficient, the market is sensitive to broader regional economic shifts and interest rate fluctuations. Some figures, such as specific price-cut percentages, are not published at the ZIP level and are omitted.
This ZIP is best suited for families and individuals seeking a rural lifestyle with more affordable housing options compared to the inner Houston suburbs, while still maintaining access to regional employment hubs.
Median prices moved down 2.1% year over year.
Homes spend a median of 85 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 14.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 77445, Waller County TX
Crime rates in the Hempstead area are generally consistent with rural Waller County trends, though specific localized data for ZIP 77445 is not determinable.
Schools serving this ZIP are primarily part of the Hempstead Independent School District, which maintains a standard accountability rating within the state framework.
The area is subject to regional flood risks associated with the Brazos River basin and requires standard wind/hail insurance coverage typical for the Texas Gulf Coast region.
Economic momentum is driven by agricultural interests and proximity to the expanding industrial corridors of the Greater Houston area, with steady residential development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuting primarily involves travel via US-290 toward the Houston metropolitan area, with drive times varying significantly based on traffic congestion.
Local amenities include access to rural parklands, community sports facilities in Hempstead, and proximity to regional fishing and outdoor recreation sites.
The rental market is characterized by limited inventory and steady demand from local workers, with few large-scale multi-family developments.
The local economy is anchored by agriculture, local government, and small-scale manufacturing, with many residents commuting to the Greater Houston area for employment.
Transportation is heavily reliant on private vehicles, with US-290 serving as the primary artery for regional connectivity.
Development is focused on low-density residential expansion and infrastructure upgrades to support regional growth.
The Waller County Appraisal District manages property assessments, utilizing annual market value adjustments based on comparable sales.
Parcels are subject to various special districts, including local school districts and potential MUDs for newer residential developments.
Property insurance premiums are influenced by regional wind and flood risk profiles, with standard market availability.
Net domestic migration to the region remains positive as residents seek more affordable housing outside the urban core.
Texas operates under a non-judicial foreclosure doctrine, allowing for expedited processes following proper notice.
Sellers are required to provide a standard Texas Real Estate Commission (TREC) Seller's Disclosure Notice detailing the condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Oil Ranch4.517.1 mi
- Antique Rose Emporium - Nursery & Display Gardens4.817.8 mi
- Waller County Fairgrounds4.56.9 mi
- Venue 3114.819.3 mi
- Waller ISD - Daikin Stadium4.613 mi
- Blackshear Field4.78.2 mi
- Washington-on-the-Brazos State Historic Site4.712.1 mi
- Waller Feed Store4.512.9 mi
- BeeWeaver Honey Farm4.810.1 mi
- Hempstead City Park4.43.9 mi
- Texas Star Winery4.78.9 mi
- Washington-on-the-Brazos State Historic Site4.712.1 mi
- Texas Gaushala Non Profit Organization4.915.1 mi
- Old Baylor Park4.718.4 mi
- Star of the Republic Museum4.811.9 mi
- Puppy Dawgs and Cat Tails4.817.1 mi
- Washington-on-the-Brazos State Historic Site4.712.1 mi
- Hempstead City Park4.43.9 mi
- Legendary Oaks Golf Course3.63 mi
- DiIorio Farms Partnership/Farmers Market4.45.3 mi
- Brookshire Brothers44.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and community gathering areas.
Offers regional fishing and outdoor recreation access.
Key-figure check: median price diverges 16.7% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $225,000 (16.7% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $225,000 (-16.7% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.