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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Tomball, TX Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Tomball, TX Housing Market Trends

With 13,585 people, 4,773 houses or apartments, and a median cost of homes of $386,081, Tomball real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Tomball, accounting for 54.21% of the city's housing units. Other types of housing that are prevalent in Tomball include large apartment complexes or high rise apartments ( 33.81%), duplexes, homes converted to apartments or other small apartment buildings ( 6.18%), and a few row houses and other attached homes ( 4.90%).

People in Tomball primarily live in small (one, two or no bedroom) single-family detached homes. Tomball has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Tomball built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Tomball built between 2000 and later ( 37.47%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.88%). There's also some housing in Tomball built before 1939 ( 5.09%).

Tomball Home Appreciation Rates

Appreciation rates for homes in Tomball have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.79%, which ranks in the top 40% nationwide. This equates to an annual average Tomball house appreciation rate of 7.33%.

Over the last year, Tomball appreciation rates have trailed the rest of the nation. In the last twelve months, Tomball's appreciation rate has been 3.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Tomball were at 1.69%, which equates to an annual appreciation rate of 6.92%.

Relative to Texas, our data show that Tomball's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Tomball differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Tomball - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Tomball real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$386,081

Tomball, TX Home Prices
> $1,357,000
$1,018,001 - $1,357,000
$678,001 - $1,018,000
$543,001 - $678,000
$407,001 - $543,000
$271,001 - $407,000
$136,001 - $271,000
$68,001 - $136,000
$0 - $68,000
3.2%
3.2%
4.7%
4.7%
9.6%
9.6%
6.8%
6.8%
12.6%
12.6%
39.1%
39.1%
17.0%
17.0%
2.3%
2.3%
4.7%
4.7%
0% 100.0%
% of Homes
Very High

for Texas

High

for nation

Number of Homes And Apartments:

4,773

Tomball Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,586 / per month

Homeownership Rate

Owners
Renters
47.2%
47.2%
52.8%
52.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.2%
7.2%
92.8%
92.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
37.5%
37.5%
45.6%
45.6%
11.9%
11.9%
5.1%
5.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
54.2%
54.2%
4.9%
4.9%
6.2%
6.2%
33.8%
33.8%
0.9%
0.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.6%
4.6%
21.2%
21.2%
22.9%
22.9%
30.5%
30.5%
15.3%
15.3%
5.5%
5.5%
0% 100.0%
% of Homes