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 inter-Texas tonnage and second in total tonnage.

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

Houston Median House Prices*
Year
Value
% Change
2023
$330,000
 ( 2.5% )
2022
$338,295
12.8%
2021
$300,000
15.4%
2020
$260,000
6.1%
2019
$245,000
3.2%
2018
$237,500
3.3%
2017
$229,900
3.8%
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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