Best Neighborhoods For Buyers & Sellers
Updated Apr 26, 2024
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Best For Buyers
Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
---|---|---|
Oak Forest West | $375,000 | 32% |
Medical Center South | $239,900 | 37% |
Briargrove Park/Walnutbend | $602,500 | 32% |
Denver Harbor | $332,500 | 25% |
Northside | $255,000 | 21% |
Washington East/Sabine | $532,500 | 28% |
Bellaire Area | $1,160,000 | 27% |
Oak Forest East | $499,900 | 30% |
Shepherd Park Plaza Area | $419,900 | 0% |
Heights/Greater Heights | $680,575 | 31% |
Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
---|---|---|
Hempstead | $210,000 | 33% |
Crosby Area | $267,365 | 24% |
Humble Area East | $250,000 | 33% |
Humble Area West | $250,000 | 33% |
1960/Cypress | $295,000 | 43% |
Conroe Northeast | $262,000 | 35% |
Porter / New Caney West | $295,000 | 34% |
Fort Bend County North / Richmond | $410,000 | 49% |
Conroe Southwest | $325,000 | 23% |
Waller | $336,000 | 39% |
Best For Sellers
Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
---|---|---|
River Oaks Shopping Area | $949,000 | 26% |
Greenway Plaza | $545,000 | 8% |
Braeswood Place | $1,325,000 | 22% |
River Oaks Area | $2,699,000 | 22% |
Tanglewood Area | $2,000,000 | 22% |
Montrose | $735,000 | 9% |
Briarmeadow/Tanglewilde | $400,190 | 24% |
Riverside | $397,500 | 22% |
Cottage Grove | $510,000 | 23% |
Rice Military/Washington Corridor | $562,500 | 20% |
Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
---|---|---|
Sugar Land South | $623,837 | 48% |
Sugar Land East | $410,000 | 25% |
Memorial West | $595,000 | 30% |
Mission Bend Area | $291,111 | 44% |
Tiki Island | $785,000 | 52% |
Huffman Area | $269,995 | -5% |
The Woodlands | $562,500 | 52% |
Sugar Land North | $315,000 | 21% |
Bear Creek South | $281,500 | 46% |
Eldridge North | $336,500 | 41% |
Sources & Methodology
The data is for Houston (Data from the HAR MLS for purchases of single family homes over $125,000, not at lot value, in MLS Areas 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 55 & 57).
As explained in our Best Houston Neighborhoods Guide, since Houston is over 600 square miles, we have segmented the city into six quadrants: Inner Loop, Close In (But Not Inner Loop), North/Northwest, East/Northeast, West / Southwest, South / Southeast.
We grouped Inner Loop & Close In regions into the “Central Houston” category.
We grouped North/Northwest, East/Northeast, West / Southwest, South / Southeast regions into the “Houston Suburbs” category.
Then, we analyzed every Houston MLS Geo Market Area (aka Houston Neighborhood) that has over 10 active listings and compared the total number of properties with price reductions to the total number of active listings.
Houston Neighborhoods with the highest percentage of properties with a price reduction are on the “Best For Buyers” list. Houston Neighborhoods with the lowest percentage of properties with a price reduction are on the “Best For Sellers” list.
Best Houston Real Estate Resources
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