Virtual Tour: Houston's Most Expensive Neighborhoods For 2022

See Houston's top luxury neighborhoods: from affluent River Oaks to exclusive Memorial.

2022 Guide: Houston's Most Expensive Neighborhoods

Despite recent events, many of Houston's top neighborhoods have been consistently listed among the wealthiest areas in the nation.

Flooding has reshaped the Houston real estate landscape and we're seeing varying trends on different segments of the housing market. COVID-19 also had an undeniable impact on home sales. The Federal Reserve just announced the largest interest rate hike in 28 years to address inflation.

This year's list of Houston's most expensive areas features a lot of familiar names. We have reviewed over 400,000 home sales over the last 10 years to get a list of 2022's most exclusive neighborhoods.

A few interesting trends stood out. The top luxury neighborhoods are also:

Many of Houston’s most expensive neighborhoods are also, historically, the best performers in real estate appreciation. Contact us for a custom list of homes in these areas and make your Houston real estate investments worth it!

Guide To Houston's Most Expensive Neighborhoods
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Inner Loop - Luxury Neighborhoods

Table of Contents

  1. By The Numbers: Sales Trends Within Houston's Most Exclusive Areas
  2. Cost Of Living In Luxury Neighborhoods?
  3. Expert's Guide To 20 Most Expensive Neighborhoods In Houston
  4. Bonus: Three More Luxury Houston Neighborhoods
  5. Methodology For Ranking Houston's Most Expensive Neighborhoods
  6. Meet Paige Martin & Our Houston Luxury Realtors

By The Numbers: Sales Trends Within Houston's Most Exclusive Areas

By The Numbers: Sales Trends Within Houston's Most Exclusive Areas

We've included the summary real estate statistics for Houston's Most Expensive Neighborhoods. Please contact us for more data or an analysis of which areas may be best for you.

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
River Oaks Area $2,475,970 $549 57%
Piney Point $2,687,500 $432 40%
Hunters Creek $2,195,000 $413 49%
The Woodlands: Carlton Woods $1,857,450 $320 9%
Crestwood $2,200,000 $428 54%
Memorial Close In $1,742,500 $347 59%
Southside Place $3,100,000 $489 138%
Bunker Hill $2,310,000 $409 66%
Memorial Villages $1,764,000 $389 39%
Tanglewood Area $1,821,000 $364 40%
Hedwig Village $2,025,000 $394 42%
Memorial Park $1,835,000 $387 35%
West University/Southside Area $1,600,000 $442 61%
Southampton $1,472,500 $489 57%
Boulevard Oaks $1,350,000 $403 85%
Highland Village / Midlane $1,137,000 $340 48%
Rice / Museum District $855,000 $329 27%
Royden Oaks/Afton Oaks $1,125,000 $360 63%
The Woodlands: East Shore $865,000 $300 -4%
Braeswood Place $1,163,750 $312 66%
Bellaire Area $1,042,875 $276 24%
Briargrove $910,000 $364 31%
River Oaks Shopping Area $907,450 $287 44%

Cost Of Living In Luxury Neighborhoods?

Cost Of Living In Luxury Neighborhoods?

Curious about how much annual income is needed to buy a home within Houston's top neighborhoods? Contact us at Paige@HoustonProperties.com for a full report.

Neighborhood Median Home Price Estimated Salary* 1-Yr Apprec. %
River Oaks Area $2,475,970 752,000 4.7%
Piney Point $2,687,500 794,000 11.1%
Hunters Creek $2,195,000 645,000 19.7%
The Woodlands: Carlton Woods $1,857,450 566,000 4.1%
Crestwood $2,200,000 659,000 24.6%
Memorial Close In $1,742,500 540,000 -17.4%
Southside Place $3,100,000 924,000 62.5%
Bunker Hill $2,310,000 683,000 15.5%
Memorial Villages $1,764,000 522,000 5.3%
Tanglewood Area $1,821,000 555,000 5.6%
Hedwig Village $2,025,000 603,000 26.6%
Memorial Park $1,835,000 565,000 34.2%
West University/Southside Area $1,600,000 473,000 14.7%
Southampton $1,472,500 441,000 -7.3%
Boulevard Oaks $1,350,000 406,000 -1.1%
Highland Village / Midlane $1,137,000 342,000 3.5%
Rice / Museum District $855,000 258,000 -2.3%
Royden Oaks/Afton Oaks $1,125,000 340,000 3.2%
The Woodlands: East Shore $865,000 268,000 7.7%
Braeswood Place $1,163,750 350,000 4.4%
Bellaire Area $1,042,875 312,000 10.9%
Briargrove $910,000 277,000 -4.2%
River Oaks Shopping Area $907,450 272,000 17.9%

To help answer the question “where can I afford to live in Houston?”, we analyzed median home prices for 52 top neighborhoods and estimated salary requirements to live in each. Go here for the full report.


Expert's Guide To 20 Most Expensive Neighborhoods In Houston

Expert's Guide To 20 Most Expensive Neighborhoods In Houston

Buying or selling a home within the best neighborhoods in Houston can be very tricky. With over $500M real estate sales, the Houston Properties Team is the #1 Boutique Real Estate Team in Houston.

1. River Oaks

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
River Oaks Area $2,475,970 $549 57%

River Oaks Area Map

River Oaks is located within the Inner Loop and is one of the most exclusive neighborhoods in the United States. River Oaks features premier living, notable schools, and accessibility.

River Oaks real estate includes deed restrictions, historic homes, property legacies, and a variety of builders (during several of Houston's oil booms, construction quality suffered among several builders in the area). Furthermore, certain areas command a premium.

Map of River Oaks Area

River Oaks Area Real Estate Trends


2. Piney Point

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Piney Point $2,687,500 $432 40%

Piney Point Map

Piney Point is a haven for homebuyers who love classic elegance and serenity. Thus making Piney Point homes an ideal for families looking to settle down in a tranquil setting. Piney Point's features include:

Piney Point is recognized as the richest town in Texas based on its annual average income. Many companies are also nestled around the neighborhood, making Piney Point a good location for career growth. Some of these companies are The Avera Companies, Urban Companies, and Chevron.

Map of Piney Point

Piney Point Real Estate Trends


3. Hunters Creek

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Hunters Creek $2,195,000 $413 49%

Hunters Creek Map

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:

Hunters Creek is within the prestigious Memorial Villages. Likewise, an active civic organization enforces deed restrictions in the area.

Map of Hunters Creek

Hunters Creek Real Estate Trends


4. Carlton Woods (The Woodlands)

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
The Woodlands: Carlton Woods $1,857,450 $320 9%

The Woodlands Map

Located 28 miles north of Houston, The Woodlands is one of Houston’s Best Suburbs. It is home to major employers like Chevron, JP Morgan, and ExxonMobil.

The Woodlands is known for its:

The Woodlands residents enjoy 1,700-acre nature preserve and several lakes and ponds.

Map of The Woodlands

The Woodlands: Carlton Woods Real Estate Trends


5. Crestwood / Glen Cove

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Crestwood $2,200,000 $428 54%

Crestwood Map

The Crestwood/ Glen Cove area is one of Houston's top luxury neighborhoods. This affluent community is located just east of Memorial Park.

The Crestwood/Glen Cove is popular for its:

The area enjoys large lot sizes compared to the standards in Houston. The average lot size ranges from 7,500 to 9,000 square feet.

Map of Crestwood

Crestwood Real Estate Trends


6. Memorial Close-In

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Memorial Close In $1,742,500 $347 59%

Memorial Close In Map

Map of Memorial Close In

Memorial Close In Real Estate Trends


7. Southside Place

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Southside Place $3,100,000 $489 138%

Southside Place Map

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 famous due to its:

Southside Place homes posted great real estate and land value appreciation (with West U) in the past decade. Its newly constructed luxury homes and vintage bungalows have price tags comparable to homes in nearby West U. It also rivaled prices from homes in Southampton Place and Boulevard Oaks.

Map of Southside Place

Southside Place Real Estate Trends


8. Bunker Hill

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Bunker Hill $2,310,000 $409 66%

Bunker Hill Map

Bunker Hill Village sits at the westernmost part of the Memorial Villages, adjacent to Piney Point to the east and Hedwig to the north. The city's spacious luxury properties range from 15,000 sqft. to 50,000 sqft.

The area offers:

Bunker Hill Village can be tricky due to the city’s deed restrictions and low inventories. Homes in the area often sell at a premium, whereas older homes and raw lots sell for minimum rates.

To get personal advice on buying or selling a Bunker Hill home, contact Paige Martin, one of Houston’s best realtors and top-ranked Realtors in the United States.

Map of Bunker Hill

Bunker Hill Real Estate Trends


9. Memorial Villages

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Memorial Villages $1,764,000 $389 39%

Memorial Villages Map

The Memorial Villages is a collection of six independent villages: Hunters CreekPiney PointHedwigBunker Hill, Spring Valley, and Hilshire and are are consistently ranked at or near the top of Houston's Most Expensive Neighborhoods

Memorial Villages homes are popular for their:

Map of Memorial Villages

Memorial Villages Real Estate Trends


10. Tanglewood

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Tanglewood Area $1,821,000 $364 40%

Tanglewood Area Map

Tanglewood is an affluent neighborhood located just outside Loop 610. The community features exclusive community living, accessibility, and notable schools.

Tanglewood is famous for its:

Tanglewood is a wooded community in Houston featuring ranch-style homes, oak trees around the neighborhood, and exclusivity.

Map of Tanglewood Area

Tanglewood Area Real Estate Trends


11. Hedwig Village

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Hedwig Village $2,025,000 $394 42%

Hedwig Village Map

Situated along the Katy Freeway and west of Downtown Houston, the upscale neighborhood of Hedwig Village features exclusivity, notable schools, and excellent community entertainments.

The Hedwig Village remained popular thanks to its:

One of the Most Expensive Neighborhoods in Houston, the Hedwig Village is the only independent city among the Memorial Villages that has a commercial sector.

Map of Hedwig Village

Hedwig Village Real Estate Trends

12. Memorial Park

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Memorial Park $1,835,000 $387 35%

Memorial Park Map

The Memorial Park Area is one of the most renowned neighborhoods within the Inner Loop. It is located south of I-10 and east of Loop 610. Its many features and amenities include:

Buying or selling a home in this area might feel overwhelming because of its many neighborhoods, communities, and residential buildings. Depending on your long-term goals, the deed restrictions in the Crestwood and Glen Clove neighborhoods might be beneficial or problematic. There are a few older homes that need to be updated while some homes are located near freeways and main roads.

Map of Memorial Park

Memorial Park Real Estate Trends


13. West University

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
West University/Southside Area $1,600,000 $442 61%

West University/Southside Area Map

Covering a total area of 2 square miles, West University Place is a “city within a city”, subdivided into 26 sections called blocks. It has Bellaire to the west, Southside Place to the south, and Houston to the east and north. It was also once named the “Number One Best City to Live In” by USA Today.

West University is known for its:

West University also goes by “The Neighborhood City” because of the above qualities, in addition to its family-friendly subdivisions. The neighborhood exudes a small-town look and feel that makes West University homes for sale highly desired.

Map of West University/Southside Area

West University/Southside Area Real Estate Trends


14. Southampton

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Southampton $1,472,500 $489 57%

Southampton Map

Flooding Info: Southern Southampton is more susceptible to flooding than Northern Southampton, according to the Southampton Civic Club.

Located 5 miles southwest of Downtown Houston and north of Rice University, Southampton is an upscale neighborhood featuring luxury homes and vintage bungalows.

Southampton is one of Houston’s most expensive neighborhoods and one of the 14 Hottest Inner Loop Neighborhoods in real estate appreciation.

Established in 1923, the community consists of 626 upscale, single-family home sites protected by strict deed restrictions and architectural guidelines, thanks to an active civic club aimed at maintaining the identity and integrity of the neighborhood.

Security is one of the neighborhood’s prime selling points. The Southampton / BOCA Patrol, which consists of off-duty Houston PD officers, patrol the area 24 hours a day in marked police cars. Three prestigious International Baccalaureate World Schools serve Southampton: Poe Elementary School, Lanier Middle School, and Lamar High School.

Map of Southampton

Southampton Real Estate Trends


15. Boulevard Oaks

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Boulevard Oaks $1,350,000 $403 85%

Boulevard Oaks Map

Located near Rice University and approximately four miles southwest of Downtown, Boulevard Oaks is an affluent neighborhood that is among the oldest and most diverse in Houston.

The neighborhood is known for its:

With a median sales of over $1,000,000, featuring some of Houston's most expensive homes, Boulevard Oaks tight-knit community works to preserve the area's timeless charm by restoring older homes and upgrading them with modern features.

Map of Boulevard Oaks

Boulevard Oaks Real Estate Trends


16. Highland Village / Midlane

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Highland Village / Midlane $1,137,000 $340 48%

Highland Village / Midlane Map

A coveted small neighborhood, Highland Village is located near the [Galleria] (https://www.houstonproperties.com/houston-neighborhoods/galleria/homes-for-sale)/Uptown area and River Oaks. Owing to its central location, the neighborhood is a well-liked option.

Highland Village is popular for its:

A deed-restricted neighborhood, Highland Village permits residents to feast a steady glance and feel in the village. Luxury homes are generally conserved with manicured lots.

Map of Highland Village / Midlane

Highland Village / Midlane Real Estate Trends

17. Museum District

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Rice / Museum District $855,000 $329 27%

Rice / Museum District Map

Vibrant and highly accessible, the Museum District is one of Houston’s premier cultural and art centers. It is located just north of the Texas Medical Center. The district’s appeal stems from several factors, including:

Aside from its lively arts and culture scene, the Museum District also offers a lot of outdoor entertainment and recreation options in Hermann Park. This includes the Houston Zoo, the Houston Garden Center, and a golf course.

Map of Rice / Museum District

Rice / Museum District Real Estate Trends


18. Afton Oaks

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Royden Oaks/Afton Oaks $1,125,000 $360 63%

Royden Oaks/Afton Oaks Map

The Royden/Afton Oaks area comprises two upscale deed-restricted communities nestled east of Loop 610 and north of Southwest Freeway. The Royden Oaks area, in particular, is right next to the River Oaks neighborhood.

The Royden/Afton Oaks neighborhoods are known for their:

The Royden/Afton Oaks area has approximately 700 homes. These neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet.

Map of Royden Oaks/Afton Oaks

Royden Oaks/Afton Oaks Real Estate Trends


19. East Shore / The Woodlands

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
The Woodlands: East Shore $865,000 $300 -4%

The Woodlands: East Shore Map

The prestigious East Shore is also known as The Woodlands Garden District. It is strategically located near Woodland's Town Center and has a spectacular view of Lake Woodlands.

East Shore residents enjoy:

Homes in East Shore are zoned to Conroe ISD. Residents can enroll in top-ranked schools like Woodlands College Park High and Knox Junior High.

Map of The Woodlands: East Shore

The Woodlands: East Shore Real Estate Trends


20. Braeswood Place

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Braeswood Place $1,163,750 $312 66%

Braeswood Place Map

Braeswood Place is located 6 miles from Downtown Houston. Homes in the neighborhood sit on large lots, ranging from 7,000 to more than 20,000 square feet.

Residents enjoy:

Due to the neighborhood's deed restrictions, Braeswood Place is mainly made up of detached single-family homes. Some townhomes in the area feature smaller floor areas, around 1,500 to 2,000 square feet.

Map of Braeswood Place

Braeswood Place Real Estate Trends


Bonus: Three More Luxury Houston Neighborhoods

Bonus: Three More Luxury Houston Neighborhoods

Over the last 10 years, many of Houston’s top neighborhoods have been consistently listed among the wealthiest in the nation.

21. Bellaire

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Bellaire Area $1,042,875 $276 24%

Bellaire Area Map

Bellaire, one of Houston's most popular neighborhoods, features a small-town vibe that blends nicely with its easy access to big city comforts. Located south of the Southwest Fwy, West Loop South runs through the city and leads to Uptown Houston, making it a popular bedroom community.

Bellaire is very popular for its:

Bellaire's neighborhood can be tricky to navigate given the area's different school zoning maps, proximity to railroad tracks, being on a major thoroughfare, and diversity of builders.

Map of Bellaire Area

Bellaire Area Real Estate Trends


22. Briargrove

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
Briargrove $910,000 $364 31%

Briargrove Map

Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. It is a tight-knit neighborhood known for its mid-to-large-sized lots.

Briargrove is famous due to its:

Briargrove is known for its ranch-style homes on large wooded lots. Briargrove has around 900 homes. Like nearby Memorial area communities, Briargrove features updated/remodeled houses. Newly constructed custom-built homes are available as well.

Map of Briargrove

Briargrove Real Estate Trends


23. River Oaks Shopping Area

Neighborhood Median Home Price Home Price / Sq Ft 10-Yr Apprec. %
River Oaks Shopping Area $907,450 $287 44%

River Oaks Shopping Area Map

River Oaks Shopping Area is nestled between the luxurious neighborhood of River Oaks and the vibrant community of Montrose. Rice Military borders the north side, while Upper Kirby is on the southwest of the neighborhood.

The district is highly in-demand thanks to its:

River Oaks Shopping Area stands nearby major thoroughfares, including Katy Freeway (I-10), Loop 610, and Southwest Freeway (US 59).

Map of River Oaks Shopping Area

River Oaks Shopping Area Real Estate Trends


Methodology For Ranking Houston's Most Expensive Neighborhoods

Methodology For Ranking Houston's Most Expensive Neighborhoods

There is an overwhelming amount of information out there about the most luxurious homes and neighborhoods in Houston. Get the advice of our luxury realtors - we care more.

A project of The Houston Properties Team, the list of "20 Most Expensive Houston Neighborhoods" is updated twice a year.


Meet Paige Martin & Our Houston Luxury Realtors

Meet Paige Martin & Our Houston Luxury Realtors

The Houston Properties Team has a well-defined structure based on the individual strengths of each member. Each member is a specialist in their role – which is why our homes sell faster and for more money than average.

Paige Martin, Broker Associate with Keller Williams Realty, and the Houston Properties Team are ranked among the top residential Realtors in the world.

They have been featured on TV and in dozens of publications including The Wall Street Journal, Fortune Magazine, Reuters, Fox News in the Morning, Money Magazine, Houston Business Journal, Houstonia, and Houston Chronicle.

Paige Martin was just ranked as the #5 agent in the world with Keller Williams, completing over $1 Billion in Houston residential real estate sales.

Houston Properties Team awards

Recent awards include:

– 2022: #1 Residential Real Estate Team by Sales Volume, Houston Business Journal
– 2021: Best Real Estate Teams in America, RealTrends.com
– 2021: Top 100 Women Leaders in Real Estate of 2021
– 2021: America’s Top 100 Real Estate Agents
– 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal
– 2021: Best Houston Real Estate Team, Best of Reader’s Choice
– 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal
– 2021: #1 Real Estate Team, Keller Williams Memorial
– 2020: America’s Best Real Estate Teams, Best of America Trends
– 2020: Best Houston Real Estate Team, Best of Reader’s Choice
– 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal
– 2020: #6 Individual Agent, Keller Williams, Worldwide
– 2020: #1 Individual Agent, Keller Williams, Texas (Top Keller Williams Realtor)
– 2020: #1 Real Estate Team, Keller Williams Memorial
- 2019: Top Residential Realtors in Houston, Houston Business Journal
- 2019: America’s Best Real Estate Agents, RealTrends.com
- 2019: #5 Individual Agent, KW Worldwide
- 2019: #1 Individual Agent, KW Texas
- 2018: #5 Individual Agent, Keller Williams, Worldwide
- 2018: #1 Individual Agent, Keller Williams, Texas
- 2018: #1 Individual Agent, Keller Williams, Houston
- 2018: America’s Best Real Estate Agents, RealTrends.com
- 2018: Top 25 Residential Realtors in Houston, Houston Business Journal
- 2018: Texas’ Most Influential Realtors
- 2017: #1 Individual Agent, Keller Williams, Texas
- 2017: #1 Individual Agent, Keller Williams, Houston
- 2017: #10 Individual Agent, Keller Williams, Worldwide
- 2017: America’s Best Real Estate Agents, RealTrends.com
- 2017: Top 25 Residential Realtors in Houston, Houston Business Journal
- 2017: Texas’ Most Influential Realtors
- 2016: #1 Individual Agent, Keller Williams, Texas
- 2016: #1 Individual Agent, Keller Williams, Houston
- 2016: #20 Individual Agent, Keller Williams, Worldwide
- 2016: Texas’ Most Influential Realtors
- 2016: Top 25 Residential Realtors in Houston, HBJ
- 2016: Five Star Realtor, Featured in Texas Monthly
- 2016: America’s Best Real Estate Agents, RealTrends.com
- 2015: #9 Individual Agent, Keller Williams, United States
- 2015: #1 Individual Agent, Keller Williams, Texas
- 2015: #1 Individual Agent, Keller Williams, Houston
- 2015: America’s Best Real Estate Agents, RealTrends.com
- 2015: Top 25 Residential Realtors in Houston, HBJ
- 2015: Five Star Realtor, Texas Monthly Magazine
- 2014: America’s Best Real Estate Agents, RealTrends.com
- 2014: #1 Individual Agent, Keller Williams Memorial

...in addition to over 318 additional awards.

Paige also serves a variety of non-profits, and civic and community boards. She was appointed by the mayor of Houston to be on the downtown TIRZ board.

Benefits Of Working With The Houston Properties Team

best realtors in Houston

Our team, composed of distinguished and competent Houston luxury realtors, has a well-defined structure based on the individual strengths of each member.

We find the team approach as the most effective way to sell homes. We have dedicated people doing staging, marketing, social media, open houses, and showings. Each Houston Properties Team member is a specialist in their role—which is why our homes sell faster and for more money than average.

The benefits of working with a team include:

To meet all the award-winning members of the Houston Properties Team, please go here.


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