Welcome to this overview of Houston, a city in Texas with an interesting real estate market. In this text, we’ll provide you with insights on the city’s housing market, home values, crime rates, and other neighborhood resources. Whether you’re a property investor, realtor, manager, or simply interested in learning more about Houston’s real estate landscape, read on to discover valuable information and resources.
OVERVIEW
Houston, located in Texas, comprises 89 neighborhoods, offering a varied real estate landscape. The current market boasts 12,357 homes for sale, with prices ranging from $900 to $50M.
- Median listing home price: $335K
- Median listing home price/Sq ft: $179
- Median sold home price: $306.3K
REAL ESTATE MARKET IN HOUSTON
Houston, TX Housing Market
Houston’s real estate scene demonstrates moderate competitiveness, with homes garnering an average of three offers and selling within approximately 42 days. The median home sale price rose to $325K, marking a 3.2% increase from the previous year, with a median sale price per square foot of $182, reflecting a 7.1% uptick. Read more.
Houston Housing Market: Prices, Trends, Forecast 2023-2024
The Houston housing market, marked by a 1.1% average home value dip and a 1-year forecast of -2.0%, signals a buyer-friendly environment. With 18.9% of sales below the list price and diverse investment options, now is opportune for prospective buyers. Sugar Land is priciest in the rental market, while Huntsville offers affordability. Houston’s real estate investment outlook remains promising, anchored by economic resilience, population growth, infrastructure development, and diversity. Don’t miss out on the trends of the Houston housing market.
Houston Home Values
Check out Zillow’s report about Houston home values.
INTERESTING STORIES
How Houston Moved 25,000 People From the Streets Into Homes of Their Own
How Houston Moved 25,000 People From the Streets Into Homes of Their Own. Read more.
NEIGHBORHOOD RESOURCES
Houston Crime Map
Houston contends with a crime rate of 57 per one thousand residents, ranking among the highest nationwide. The likelihood of falling victim to violent or property crime stands at one in 17, making it one of the top 100 most dangerous U.S. cities, according to NeighborhoodScout’s research. Read more.
Top Real Estate Agents
Looking for a real estate agent? Here are the 10 Top Real Estate Agents in Houston by sales transactions.
HELPFUL HOUSTON REAL ESTATE ECONOMIC DEVELOPMENT RESOURCES
Community Development And Urban Renewal Associations
- Housing And Community Development Department.
- LISC Houston.
- Fifth Ward Community Redevelopment Corporation.
Community Development Support
Small Business, Leadership, And Community Engagement
Community Support
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Community Outreach
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- Helping Veterans realize a brighter, better future.
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- Providing employment opportunities for individuals with developmental disabilities.
Learn more here.