Best Neighborhoods For Buyers & Sellers
Updated Sep 20, 2023
What does this mean for you?
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Best For Buyers
| Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
|---|---|---|
| Oak Forest West | $365,500 | 29% |
| Brays Oaks | $290,000 | 34% |
| Briarmeadow/Tanglewilde | $338,750 | 16% |
| Five Corners | $255,000 | 42% |
| Memorial Villages | $1,763,000 | 13% |
| University Area | $350,000 | 44% |
| Spring Branch | $445,000 | 33% |
| Greenway Plaza | $433,187 | -15% |
| Northwest Houston | $295,000 | 61% |
| Knollwood/Woodside | $490,000 | 16% |
| Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
|---|---|---|
| Crosby Area | $271,495 | 26% |
| Tiki Island | $750,000 | 45% |
| Kingwood East | $381,500 | 24% |
| Kingwood West | $300,000 | 41% |
| Santa Fe | $318,500 | 40% |
| Cypress South | $432,695 | 39% |
| Alvin South | $271,840 | 32% |
| Conroe Southeast | $282,445 | 28% |
| Summerwood / Lakeshore | $351,000 | 18% |
| Aldine Area | $240,000 | 47% |
Best For Sellers
| Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
|---|---|---|
| Cottage Grove | $510,000 | 23% |
| Timbergrove/Lazybrook | $574,000 | 26% |
| Rice Military/Washington Corridor | $570,000 | 22% |
| Westchase Area | $830,000 | 50% |
| River Oaks Area | $2,674,000 | 21% |
| West University/Southside Area | $1,712,500 | 30% |
| Galleria | $306,750 | 22% |
| Shepherd Park Plaza Area | $429,900 | 1% |
| Braeswood Place | $1,337,500 | 23% |
| Montrose | $738,000 | 10% |
| Neighborhood | Median Sale Price | Median Sales Price 5 Year Change |
|---|---|---|
| Sugar Land South | $630,000 | 49% |
| Northeast Houston | $234,820 | 39% |
| Sugar Land North | $318,000 | 21% |
| Alief | $253,500 | 43% |
| Brookshire | $280,000 | 47% |
| Hempstead | $210,000 | 29% |
| Memorial West | $616,250 | 32% |
| Huffman Area | $269,990 | -8% |
| League City | $451,495 | 39% |
| Hockley | $287,975 | 33% |
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
- Houston Texas Zip Code Map | HoustonProperties
- Memorial Villages Home Sellers Guide | Expert Tips To Sell Your Home Fast For The Most Money
- Houston Neighborhoods | Houston Map, Real Estate, Homes
- Sugar Land North Housing Market | Real Estate Trends & Forecast
- 1960/Cypress Creek North Homes For Sale & Real Estate Trends
