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Houston Area Real Estate Facts

  • Houston is the largest city in Texas and is the third largest in the United States.
  • The Houston-Galveston-Brazoria Consolidated Metropolitan Statistical Area (Houston CMSA) consists of eight counties: Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery and Waller.
  • Houston has the most affordable housing of 10 most populated metropolitan areas; Houston housing costs are 39 percent below the average of 26 U.S. urban populations of more than 1.5 million.This image provides a view of some of the skyscrapers in downtown Houston.
  • Houston has the second lowest cost of living among major American cities.
  • The metro area's population of 6.18 million is 5th largest among U.S. metropolitan statistical areas.
  • The Houston CMSA covers 8,778 square miles, an area slightly smaller than Massachusetts but larger than New Jersey.
  • More than 90 languages are spoken throughout the Houston area.
  • Houston is home to the Houston Livestock Show and Rodeo. The largest rodeo in the world, it attracts more than 1.8 million visitors each year.
  • Houston has a young population; 37 percent of Houstonians are 24 years old or younger and 34 percent are between the ages of 25 and 44.
  • Houston has more than 40 colleges, universities and institutions.
  • The Texas Medical Center, the largest medical center in the world, is located in Houston. It has a local economic impact of $10 billion. More than 52,000 people work within its facilities, which encompass 21 million square feet. Altogether 4.8 million patients visit them each year.
  • Houston is home to 18 Fortune 500 companies and more than 5,000 energy related firms. Houston is considered the Energy Capital of the world.
  • The Port of Houston ranks as the nation's largest port in interTexas tonnage and second in total tonnage.

Various Cities in the Houston Area:  Houston, Pasadena, Baytown, Missouri city, Sugar Land, Conroe, La Porte, Deer Park, Rosenberg, South Houston, Bellaire, West University Place, Richmond, Humble, Stafford, Galena Park, Friendswood, Pearland.

Houston Median House Prices*
Year
Value
% Change
2016
$221,500
4.5%
2015
$212,000
6.5%
2014
$199,000
10.6%
2013
$188,500
10.9%
2012
$168,000
7.1%
2011
$157,900
 3.2%
2010
$154,780
 ( 1.4% )
2009
$157,040
1.3%
2008
$155,000
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 *HAR - Houston Association of Realtors

Approximately 19% of Houston homes are leased to renters.

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