Browse Houston listings and see the latest real estate market trends.
In June 2023, the median sale price of a home in Houston was $341,000. The median sale price per square foot in Houston is $176.
$340,500
Somewhat competitive. The average homes sell for about 2% below the list price and some homes get multiple offers.
If you're considering buying a home in Houston, Texas, you're likely filled with questions about the process, the market, and the city itself. This FAQ guide addresses some of the most common inquiries related to Houston's real estate market, helping you make informed decisions.
The average home price in Houston can vary depending on the neighborhood and property type. As of 2024, the median home price in Houston hovers around $350,000. However, prices can be significantly higher or lower depending on whether you’re looking in suburban areas, downtown, or luxury markets.
Houston is a large city with diverse neighborhoods to suit different lifestyles. Popular areas for homebuyers include:
Yes, Houston is considered a strong market for real estate investment. With a growing population, diverse economy, and affordable housing, it’s an attractive city for both residential buyers and investors. Houston's rental market is also robust, making it a good option for those looking to invest in rental properties.
As of 2024, Houston’s real estate market remains competitive but has become more balanced compared to previous years. While demand is still high, especially in desirable areas, the market has started to stabilize with more inventory available, providing buyers with more choices. It is still considered a seller's market, but there are opportunities for buyers who act quickly.
Texas does not have a state income tax, but property taxes in Houston can be relatively high. The property tax rate in Houston varies by location but typically ranges between 2% to 3% of the home’s assessed value. When purchasing a home, it’s important to consider this cost in your overall budget.
The first step in buying a home in Houston is to get pre-approved for a mortgage. This will give you a clear understanding of your budget and allow you to act quickly in the competitive Houston market. After pre-approval, working with a local real estate agent who knows the Houston market can help you find the perfect property.
When selecting a real estate agent in Houston, look for someone with deep local knowledge, excellent reviews, and strong negotiation skills. An agent familiar with Houston’s diverse neighborhoods and current market conditions can be a valuable asset in finding the right home and getting the best deal.
Yes, Houston offers several first-time homebuyer programs that can assist with down payments and closing costs. Programs such as the Homebuyer Assistance Program (HAP) and Texas State Affordable Housing Corporation (TSAHC) are available to help reduce the financial burden for first-time buyers.
Browse things to do, places to see, and landmarks to explore in [Location] and nearby areas.
Read the latest news, tips, and insights for the Texas real estate market.
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Caroline Bean | May 23, 2023
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Caroline Bean | April 21, 2022
We could not have asked for a better start to 2022 with successfully closing on multiple homes this past quarter.
Caroline Bean | April 11, 2022
Before Houston becomes unbearably hot for the summer, make sure to take every opportunity to enjoy your evening “al fresco” this season.
Caroline Bean | February 3, 2022
There are so many predictions out there right now on what the market will look like throughout this year.
A consistent top producer, clients appreciate Caroline's hard work, responsiveness, and total dedication to their needs. She's known for her elite sales skills, impeccable client service and an ability to expertly drive any type of deal, including first-time buyers, new construction sales, resales, or relocations.