Houston, TX Foreclosures
How much do homes sell for in Houston, TX?
The average home price is currently $385,866.
In Houston, TX, how many homes are available?
There are currently 48 active home listings available in Houston.
What’s the average rental cost in Houston, TX?
The average rental price in Houston is $1,706.
What is the most expensive home in Houston?
The most expensive home sold in Houston had a price of $60,017,300.
What is currently the cheapest priced home in Houston, TX?
The cheapest home for sale in Houston is priced at $12,724.
Living in Houston, TX
Houston, Texas, is a vibrant city known for its diversity, thriving economy, and rich cultural offerings. With a strong job market, excellent educational institutions, and a plethora of recreational activities, Houston attracts residents from all walks of life. The city's warm climate and numerous parks make it an ideal spot for outdoor enthusiasts.
Current Market Conditions in Houston, TX
The real estate market in Houston has shown resilience and growth over the past few years, remaining a buyer's market. Currently, home prices average between $300,000 - $400,000, reflecting stable growth and demand in various neighborhoods. The influx of residents relocating for job opportunities is keeping the market active, especially in areas like The Woodlands and Spring Branch.
Trends in Houston's housing market indicate a steady increase in new constructions and developments, particularly in the suburban areas. Interest rates have impacted purchasing power, leading to a competitive landscape where homes priced below $300,000 are quickly snatched up, particularly by first-time homebuyers.
Home Value Estimator For Houston, TX
There are currently 742,733 real estate properties
in Houston, TX,
with a median automated valuation model (AVM) price
of $265,878.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Houston, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Houston, TX,
is $385,866.00, with the most expensive house
in Houston, TX, topping out
at $60,017,300.00 and the cheapest home
in Houston, TX,
clocking in at $12,724.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Houston, TX!
Rent Prices
In Houston, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Houston, TX, is on
a rollercoaster ride. The
average rent price in Houston, TX,
is $1,706.00. Indeed, when looking to rent in
Houston, TX, you can expect to pay as little
as $480.00 or as much
as $6,080.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Houston, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
