Best Neighborhoods For Buyers & Sellers
Updated Mar 23, 2023
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Best For Buyers
Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
---|---|---|
Briarmeadow/Tanglewilde | $205,000 | 33% |
Brays Oaks | $295,000 | 40% |
Westchase Area | $699,000 | 7% |
Five Corners | $252,104 | 47% |
Willow Meadows Area | $357,500 | 19% |
Northside | $248,375 | 9% |
River Oaks Area | $2,594,250 | 16% |
Tanglewood Area | $1,687,500 | 12% |
Medical Center South | $238,490 | 36% |
Rice / Museum District | $865,000 | -3% |
Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
---|---|---|
Kingwood NW/Oakhurst | $318,000 | 29% |
Sienna Area | $430,000 | 32% |
Kingwood West | $249,700 | 38% |
Bacliff/San Leon | $255,000 | 25% |
Summerwood / Lakeshore | $360,844 | 31% |
Santa Fe | $310,000 | 34% |
Atascocita South | $270,000 | 45% |
Lake Conroe Area | $338,950 | 34% |
La Porte/Shoreacres | $270,000 | 44% |
La Marque | $239,999 | 17% |
Best For Sellers
Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
---|---|---|
Timbergrove/Lazybrook | $627,680 | 37% |
Medical Center Area | $280,000 | 35% |
Midtown Houston | $351,000 | 10% |
Washington East/Sabine | $500,000 | 16% |
West University/Southside Area | $1,595,000 | 20% |
Braeswood Place | $1,163,750 | 17% |
Rice Military/Washington Corridor | $531,900 | 20% |
Memorial Villages | $1,760,000 | 12% |
Garden Oaks | $700,000 | 27% |
Oak Forest East | $455,450 | 23% |
Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
---|---|---|
The Woodlands | $567,000 | 50% |
Sugar Land East | $410,000 | 28% |
Hobby Area | $205,000 | 32% |
Sugar Land South | $201,500 | -3% |
Humble Area South | $219,400 | 26% |
Alief | $250,800 | 45% |
Copperfield Area | $330,000 | 50% |
Memorial West | $480,000 | 11% |
Dickinson | $277,000 | 48% |
Katy Southeast | $289,900 | 61% |
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.
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