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Houston

Why you'd want to live in Houston

The Houston metro area attracts people with an entrepreneurial spirit and those who want to work at some of the country's largest companies. Not only is Houston the hub of the oil and gas industries, but it's also a major center of manufacturing and health care. The presence of these industries allows this region to weather economic downturns better than similarly sized metro areas. A paycheck goes further in Houston than it does in other major metro areas, with affordable housing and free or cheap attractions like biking along Buffalo Bayou and exploring the 7,800-acre George Bush Park. The affordability of this region, which is located in southeastern Texas and home to more than 7 million residents in the metro area, is attracting new people from across the country and around the world. In Houston, dining is a pastime, and the region pleases palates with more than 10,000 restaurants. Houston has everything from award-winning establishments to barbecue joints like Gatlin's BBQ. The metro area also offers a variety of international cuisine including Ethiopian and Indian. via realestate.usnews.com

Houston Market Report

$538,830

AVERAGE PRICE OF 11,912 HOMES

$590,787

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,275,652

AVERAGE PRICE OF 1,142 MULTI-MILLION DOLLAR HOMES

$694,193

AVERAGE PRICE OF 2,394 NEWLY BUILT HOMES

$1,310,290

AVERAGE PRICE OF 815 HOMES WITH A POOL

$463,343

AVERAGE PRICE OF 501 REDUCED PRICE HOMES

Average Home

Average Price $538,830
Avg Bedrooms 2.71 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $234,017
2 bedrooms $372,984
3 bedrooms $436,683
4 bedrooms $604,269
5 bedrooms $1,435,704
Houston Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 12,116 11,932 11,788 11,865 11,769
Average Price $543,964 $547,616 $549,555 $552,873 $558,754
Avg Price Change -0.67% -0.35% -0.60% -1.06% +0.10%
Median Price $339,298 $342,992 $341,961 $347,323 $349,735
Med Price Change -1.09% +0.30% -1.57% -0.69% +0.03%
Avg Bedrooms 2.72 beds 2.72 beds 2.74 beds 2.75 beds 2.75 beds
Avg Bathrooms 2.43 baths 2.44 baths 2.45 baths 2.47 baths 2.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Heights High School 511 $828,142 102 days
Lamar High School (houston) 1,009 $1,314,914 94 days
Waltrip High School 504 $722,856 73 days
Wisdom High School 621 $782,633 109 days
Yates High School 504 $398,920 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 11,912 $538,830 94 days
Distressed Homes 12 $590,787 186 days
Multi-Million Dollar Homes 1,142 $2,275,652 140 days
Newly Built Homes 2,394 $694,193 97 days
Homes with a Pool 815 $1,310,290 70 days
Reduced Price Homes 501 $463,343 63 days