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Rice rocket tops US ranking of most expensive stadium-area homes

If you’re a homeowner in Houston, it’s great to live close to Rice University’s football stadium (except perhaps on game days).

A new ranking from moveBuddha shows that compared to other US cities hosting major college football programs, homes in ZIP code 77005, where Rice Stadium is located, have a large positive value gap. between the stadium area average and the city average.

For the rankings, moveBuddha used home value data for 2019 from residential real estate platform Zillow. According to the data, the median home value in the city of Houston is $165,381 while the median home value in the ZIP Rice code is $625,114. That’s a difference of $459,733.
For more on this story, keep reading from our ABC13 partners at Houston CultureMap.

The introductory video above is from an earlier report.

Source link Rice rocket tops US ranking of most expensive stadium-area homes

Dais Johnston

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