Foreclosures in Houston, TX 77063

Current Market Conditions in Houston, TX

The Houston real estate market has steadily grown over the past few years, driven by job expansion and an influx of new residents. Single-family home sales continue to rise, fuelled by a strong demand for housing and limited inventory in certain neighborhoods.

Affordability remains a key attraction for buyers, with the city providing a variety of options from affordable apartments to luxurious estates. The recent trend indicates increasing prices in many areas, particularly in proximity to downtown and major employment hubs.

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 $1,707.00. 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.