Browse Memorial, Houston listings and see the latest real estate market trends.
The Memorial housing market is somewhat competitive. The median sale price of a home in Memorial was $638K last month, up 10.9% since last year. The median sale price per square foot in Memorial is $242, up 25.0% since last year.
$637,500
Memorial is somewhat competitive. Homes sell in 21 days.
Memorial, located west of Downtown Houston along I-10, is a prestigious community known for its upscale housing, expansive parks, and convenient amenities. Whether you're considering buying, selling, or renting in this area, understanding the local real estate landscape is crucial. Below are some frequently asked questions to guide you through Memorial's real estate market.
Memorial offers a diverse range of properties, including single-family homes, townhouses, and condominiums. The area is renowned for its luxurious estates, particularly in the Memorial Villages, which consist of upscale residential communities.
As of June 2024, the median listing home price in Memorial was $762,500, reflecting a 4.5% increase year-over-year.
However, prices can vary significantly based on property type, size, and location within the neighborhood.
The Memorial real estate market has shown consistent growth, with increasing property values and a steady demand for homes. The area's appeal, coupled with its proximity to downtown Houston, contributes to its robust market performance.
Residents of Memorial enjoy access to top-rated schools, numerous parks, and a variety of shopping and dining options. The community offers a suburban feel while being conveniently close to urban amenities, making it an attractive location for families and professionals alike.
Yes, Memorial has seen new construction developments, including custom-built homes and modern townhouses. These properties often feature contemporary designs and state-of-the-art amenities, catering to buyers seeking modern living spaces.
Property taxes in Memorial are comparable to other affluent Houston neighborhoods. The exact rate depends on the specific location within Memorial and the appraised value of the property. It's advisable to consult with a local real estate agent or tax assessor for precise information.
Memorial offers a variety of rental properties, including apartments, townhouses, and single-family homes. Rental prices vary based on property type, size, and location, providing options for different budgets and preferences.
It's recommended to research agents' experience, client reviews, and familiarity with the Memorial market to find a suitable match. such as Caroline Bean an expert in Memorial Houston Real Estate.
Memorial continues to experience growth, with plans for new residential developments, commercial spaces, and infrastructure improvements. Staying informed about local planning and zoning meetings can provide insights into upcoming projects that may impact property values and community amenities.
Begin by assessing your budget and obtaining mortgage pre-approval. Next, engage a local real estate agent familiar with Memorial to guide you through property selection, viewing, and negotiations. Conduct thorough inspections and review all documents carefully before finalizing the purchase.
Memorial's real estate market offers a blend of luxury, convenience, and community appeal. Whether you're looking to buy, sell, or rent, understanding the local market dynamics and available resources will help you make informed decisions.
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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.