Houston's Most Expensive Neighborhoods Ranked
The top 20 most expensive neighborhoods in Houston
Houston boasts some of the wealthiest neighborhoods in the country, many of which consistently make the top lists. To determine this year's most exclusive areas, we analyzed over 400,000 home sales in the past decade.
We noticed some interesting trends among the top luxury neighborhoods:
- Nearly all are zoned to Houston's Best Schools;
- Most close-in areas are also some of Houston's Most Accessible Neighborhoods;
- Most suburban areas are secured enclaves within Houston's Best Suburbs.
To learn more about these exclusive areas, including their land and real estate value appreciation, accessibility, and school zoning, contact Paige at [email protected].
The Houston Properties Team has helped 200+ public company officers and their families find their new home with unparalleled knowledge, discretion, and attention to detail.
Table of Contents
- Houston's Most Expensive Neighborhoods (Top 20)
- Close In & Inner Loop Houston Most Expensive Neighborhoods (Top 15)
- Suburban Houston Most Expensive Neighborhoods (Top 15)
- Methodology For Ranking Houston's Most Expensive Neighborhoods
Houston's Most Expensive Neighborhoods (Top 20)
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| Hunters Creek | $3,800,000 | 104.3% |
| Southside Place | $3,490,000 | 124.3% |
| River Oaks Area | $3,255,000 | 68.7% |
| Memorial Villages | $2,800,000 | 77.8% |
| West University/Southside Area | $2,065,000 | 62.0% |
| Spring Valley Village | $1,955,000 | 73.8% |
| Tanglewood Area | $1,925,000 | 30.8% |
| Southampton | $1,862,500 | 47.5% |
| Bunker Hill | $1,825,000 | -17.5% |
| Memorial Close In | $1,759,000 | 50.3% |
| Frostwood | $1,743,750 | 90.4% |
| Royden Oaks/Afton Oaks | $1,725,000 | 97.1% |
| Southgate | $1,623,000 | 89.4% |
| Braeswood Place | $1,612,500 | 57.7% |
| Memorial Park | $1,547,000 | 1.4% |
| Rice / Museum District | $1,450,000 | 76.3% |
| Benders Landing | $1,425,000 | 129.2% |
| Briargrove | $1,395,000 | 75.5% |
| Bellaire Area | $1,345,000 | 30.0% |
| Parkway at Eldridge | $1,250,000 | 56.7% |
Hunters Creek
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| Hunters Creek | $3,800,000 | 104.3% |
Hunters Creek is one of the most affluent and expensive neighborhoods in the state of Texas. The area is popular for its vintage ranch-style homes and sprawling estates.
Factors that make Hunters Creek a much-coveted choice:
EXCLUSIVITY: Hunters Creek makes it to the Forbes list of Houston's “Top Suburbs to Live Well”. Hunters Creek homes for sale fetch $2M as the median sales price. (Read Income Needed To Buy A House in Houston’s Best Neighborhoods.)
PROXIMITY TO GALLERIA: Galleria and its hundreds of shops, bars, and restaurants are minutes away from Hunters Creek.
SPRAWLING HOMES & LOTS: The neighborhood features a half-acre lot on average. The area showcases long driveways, wide setbacks, generous lawns, and yards.
EXEMPLARY SCHOOLS: The village is zoned to some of the best public schools in Houston. Hunters Creek Elementary and Memorial High are National Blue Ribbon Schools.
Hunters Creek is within the prestigious Memorial Villages. Likewise, an active civic organization enforces deed restrictions in the area.
Southside Place
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| Southside Place | $3,490,000 | 124.3% |
Spanning ten blocks within the Inner Loop, Southside Place is an affluent independent city. It features some of the most expensive real estate in Houston.
Southside Place is popular due to its:
EXCLUSIVITY: Forbes featured Southside Place in its list of the “Most Expensive Suburbs Surrounding Major U.S. Cities.” The median sales price is upwards of $1,000,000. (See Income Needed To Live In Houston’s Top Neighborhoods).
INDEPENDENT CITY: The City of Southside Place operates a council-manager form of government. The city has its own police and fire departments.
PROXIMITY TO RETAIL HUBS: Southside Place has Braes Heights Shopping Center. It is a two-story Mid-Century modern mall along Bellaire Boulevard. It has a variety of stores and restaurants. Rice Village, a 16-block shopping district, is also nearby.
Southside Place homes posted great real estate and land value appreciation (with West U) in the past decade. Recent construction luxury homes and vintage bungalows in the neighborhood have price tags comparable to homes in nearby West U, Southampton Place, and Boulevard Oaks.
River Oaks Area
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| River Oaks Area | $3,255,000 | 68.7% |
One of Houston’s most exclusive neighborhoods, River Oaks is centrally located within the Inner Loop. Deed-restricted and historic, the area features some of the most expensive homes in Bayou City.
River Oaks is well-known for its:
UPSCALE NEIGHBORHOOD: The neighborhood is a mix of 1920s and 1930s traditional homes, grand estates, luxury condos, and townhomes in gated communities. River Oaks is one of the most expensive Houston neighborhoods.
TOP-RANKED SCHOOLS: River Oaks homes are zoned to the Houston ISD. The area benefits from excellent schools, including River Oaks Elem and Lanier Middle. The community also has several premier private schools, such as St. John’s and River Oaks Baptist.
STRONG REAL ESTATE APPRECIATION: River Oaks is among the best Inner Loop neighborhoods in real estate appreciation. The neighborhood has posted impressive appreciation rates over the last 10 years.
PRIME LOCATION: River Oaks boasts an excellent location in Houston. The area provides easy access to Downtown, the Medical Center, and the Galleria. Major highways like Southwest Freeway, Loop 610, Katy Freeway, and I-45 surround the neighborhood.
River Oaks is home to the River Oaks Country Club Estates, one of Houston’s most affluent golf communities. The country club features a golf course, tennis courts, swimming pools, and a fitness center.
Close In & Inner Loop Houston Most Expensive Neighborhoods (Top 15)
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| Hunters Creek | $3,800,000 | 104.3% |
| Southside Place | $3,490,000 | 124.3% |
| River Oaks Area | $3,255,000 | 68.7% |
| Memorial Villages | $2,800,000 | 77.8% |
| West University/Southside Area | $2,065,000 | 62.0% |
| Spring Valley Village | $1,955,000 | 73.8% |
| Tanglewood Area | $1,925,000 | 30.8% |
| Southampton | $1,862,500 | 47.5% |
| Bunker Hill | $1,825,000 | -17.5% |
| Memorial Close In | $1,759,000 | 50.3% |
| Frostwood | $1,743,750 | 90.4% |
| Royden Oaks/Afton Oaks | $1,725,000 | 97.1% |
| Southgate | $1,623,000 | 89.4% |
| Braeswood Place | $1,612,500 | 57.7% |
| Memorial Park | $1,547,000 | 1.4% |
Suburban Houston Most Expensive Neighborhoods (Top 15)
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| Benders Landing | $1,425,000 | 129.2% |
| Parkway at Eldridge | $1,250,000 | 56.7% |
| Lakes of Fairhaven | $1,041,250 | 84.0% |
| *The Woodlands: East Shore | $1,030,000 | 3.1% |
| Grand Harbor | $877,000 | 100.5% |
| The Woodlands: Creekside Park | $870,000 | 89.3% |
| *Memorial West | $805,000 | 62.1% |
| Grand Lake Estates | $791,315 | 75.5% |
| The Woodlands: Sterling Ridge | $790,000 | 83.7% |
| Weston Lakes | $755,000 | 67.8% |
| The Forest Of Friendswood | $730,000 | 67.0% |
| Lake Pointe | $723,000 | 22.2% |
| Telfair | $722,500 | 52.9% |
| Tiki Island | $690,000 | 43.8% |
| Riverstone | $675,000 | 49.0% |
Benders Landing
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| Benders Landing | $1,425,000 | 129.2% |
Benders Landing is a master-planned community about 30 minutes north of Downtown Houston. It features home sites by the lake and in the woods. This acreage community features a lot with at least one acre each.
Benders Landing is famous for its:
ACCESSIBILITY: Its location is minutes from The Woodlands. It offers easy access to shops, dining, and entertainment options. George Bush Airport is nearby via Hardy Toll Road and I-45. Plus, a short drive to ExxonMobil Campus.
GREAT COMMUNITY AMENITIES: Benders Landings has parks and a pavilion. Liberty Park has a basketball court, tennis courts, a playground, a gazebo, and a mile-long lake.
CUSTOM HOMES: Homes in Benders Landing feature unique architectural styles. Residents can customize homes on lots of one acre or more.
Municipal Utility District (MUD) taxes are no longer collected in Benders Landing. The neighborhood has quality deed restrictions to check and regulate development.
Parkway at Eldridge
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| Parkway at Eldridge | $1,250,000 | 56.7% |
The Parkway at Eldridge is an upscale gated community in the Energy Corridor, home to some of the best luxury communities in Houston.
The Parkway at Eldridge is well-known for its:
RESORT-STYLE AMENITIES: The Parkway at Eldridge residents can enjoy a community swimming pool, tennis courts, and a neighborhood park. These amenities are on par with those found in other master-planned communities in Houston.
NOTABLE SCHOOLS: The neighborhood is zoned to some highly-rated schools in Houston ISD. Ray Daily Elementary and West Briar Middle serve the community. The Village School, an exemplary private school, is around one mile away.
EXCELLENT LOCATION: The community is easily accessible from major highways. It is bordered by Interstate 10, Highway 6, Beltway 8, and Westheimer Road.
The Parkway at Eldridge is among Houston’s best gated communities outside the beltway. The neighborhood features custom luxury homes designed by Vincent Kickerillo.
Lakes of Fairhaven
| Area | Median Home Price | Median Sales Price 10 Yr % |
|---|---|---|
| Lakes of Fairhaven | $1,041,250 | 84.0% |
Lakes of Fairhaven is one of Houston's most expensive neighborhoods. It features spacious and luxurious homes on scenic lots.
Lakes of Fairhaven is popular due to its:
TOP-RATED SCHOOLS: Swenke Elementary School and Salyards Middle School are in this neighborhood. These schools offer quality education for students.
LUXURY HOMES: Lakes of Fairhaven provides a special living experience for family homes. These homes offer spacious lots and contemporary designs.
ACCESSIBILITY: Lakes of Fairhaven is close to The Boardwalk at Towne lake. It is an establishment with a wide selection of shops and dining options. First Watch is also nearby, which is a highly-rated restaurant.
Lakes of Fairhaven is also close to major employers such as Goodman Manufacturing and DistributionNOW. This makes Lakes of Fairhaven ideal for career growth.
Methodology For Ranking Houston's Most Expensive Neighborhoods
- The Houston Properties Team regularly reviews the richest neighborhoods in Houston, most expensive neighborhoods in Houston, and Houston's top luxury neighborhoods.
- Our data is updated monthly.
- Median home sale prices are based on single-family home sales, except for neighborhoods with a * where townhome and single family homes data is included. Townhomes are included in these communities because they make up a material percentage of the community sales.
- Median land value prices are based on both homes sold at lot value and lot sales.
- To qualify for this list, the neighborhood must have at least 15 home sales in the last year.
- All median Houston home sale information was sourced by the HAR MLS database.
- Data is deemed accurate but is not guaranteed. Information is provided for informational purposes only.
- If you’d like to see any neighborhoods, master-planned communities or subdivisions added to this updated Houston's Richest Neighborhoods list, please let us know.
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