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.
- 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 |
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 | --- |
| *HAR - Houston Association of Realtors | ||
Approximately 19% of Houston homes are leased to renters.