Houston Housing Market: Trends & Prices (2025)
Houston Real Estate Market Overview
(Last Updated – 4/2025)
Houston offers residents a unique blend of southern charm and a metropolitan feel. As the fourth most populous city in the U.S., Houston has over 2.3 million residents.
Houston was also named the fifth most diverse city in America by WalletHub, and there are more than 145 languages spoken in the city.
And of course, who can forget Houston’s history of supporting space travel? Home to the Johnson Space Center, Houston has been the home base for training American astronauts for more than three decades. Houston has even earned the nickname Space City.
Houston is one of the hottest hot real estate markets in the nation, largely due to its diverse economy, thriving energy industry, and strong demand for housing.
Redfin reports that the average house price in Houston remained the same compared to the previous year, as of February 2025. Homes typically spent 58 days on the market and received two offers.
Overall Houston Market Trends
Redfin’s real estate experts consider Houston to be a fairly competitive housing market, with the median sale price in Houston being $340,000.
Some homes in Houston receive multiple offers, and more in-demand homes sell in just around 14 days. About 13.2% of homes in Houston sold for above list price last year.
$340,000
Median Home Price
$182
Median Price Per Sq. Ft
51 days
Median Days on Market
Houston Housing Market Forecast
If you’re looking to make Houston your longtime home, you may be curious about what the Houston housing market forecast looks like.
According to Zillow, Houston home values have remained around the same for several years after peaking in mid-2022. Houses are taking slightly longer to sell, which means if you’re looking for something in your budget, you may be able to get a home you fall in love with in Houston. The playing field for buyers and sellers is leveling out in Space City.
Demographics of the Houston Market
There is a little bit of something for everyone in Houston. From opera performances to pro sporting events, everyone is sure to find some pleasant ways to pass their time in this vibrant city.
For nature lovers, Memorial Park’s 1,500 acres of greenery and outdoor recreational options like pools and tennis courts should do the trick.
Before you get your heart set on a specific Houston neighborhood, consider checking out a few fast facts about the demographics of Houston.
Median Household Income: $62,894
Median Age: 34
College Educated: 36%
Homeowners: 42%
Married: 43.35%
Popular Houston Neighborhoods
Many bustling neighborhoods make up the large city of Houston. This city is a melting pot of culture, art, food, and entertainment.
You may find it tricky to narrow down your top picks for neighborhoods in the expansive Houston, Texas housing market, so we did the work for you and rounded up some must-know facts about five popular Houston neighborhoods.
Afton Oaks – River Oaks
Enjoy a leisurely stroll amongst the rich canopy of old-growth hardwood trees that line the streets of Afton Oaks – River Oaks while you check out the single-family homes for sale in this historically rich combined “super neighborhood.”
River Oaks has been noted as one of the best neighborhoods for home appreciation in Houston, with homes appreciating 53% over the last decade. The area has historical, often deed-restricted homes, with the convenience of close proximity to thriving cultural, retail, and professional opportunities.
Quick Facts
Population:
23,872
Median Age:
36
Housing Units:
15,448
Bike Score:
58/100
Walk Score:
63/100
Transit Score:
43/100
Median Household Income:
$105,607
Afton Oaks – River Oaks Housing Market
Prospective Afton Oaks – River Oaks homebuyers have some leeway, but not much. The housing market in this charming Houston neighborhood has slowed in recent years, becoming not very competitive per Redfin’s data. Average homes sell in about 97 days, around 4% below list price. The most desirable homes in this neighborhood can move much faster, in about 13 days.
Prices in the area are still on the rise, with the average home price in Afton Oaks – River Oaks up by 19.0% in February 2025 compared to last year.
Median Sale Price
$2.0 million
Median Sale Price Per Sq. Ft.
$517
Greater Heights
If you’re looking for close proximity to Downtown Houston, major freeways, and hubs of entertainment and employment, then Greater Heights may be the place you’ve been dreaming of.
This diverse neighborhood has plenty of single-family homes, bungalows, and townhomes to choose from and is known for having well-kept yards.
Quick Facts
Population:
43,920
Median Age:
35
Housing Units:
22,732
Bike Score:
63/100
Walk Score:
73/100
Transit Score:
45/100
Median Household Income:
$140,878
Greater Heights Housing Market
The Greater Heights housing market is heating up. As of February 2025, home values in this neighborhood rose by 11.6% compared to last year.
Greater Heights homes have also shown a high appreciation rate: 43% over ten years.
Some homes listed for sale in this somewhat competitive area receive multiple offers and sell in around 34 days. The good news for both buyers and sellers? The hottest homes in Greater Heights sell for around list price on average.
Median Sale Price
$651,645
Median Sale Price Per Sq. Ft.
$335
Neartown – Montrose
This eclectic and bohemian-feeling community enjoys a rich history of attracting free-spirited and creative residents, thanks to its affordable housing options that just so happen to be in close proximity to performance and entertainment venues. This evolving community offers vintage shops, trendy restaurants, and artistic pursuits galore.
Quick Facts
Population:
29,043
Median Age:
36
Housing Units:
19,215
Bike Score:
73/100
Walk Score:
86/100
Transit Score:
54/100
Meidan Household Income:
$108,353
Neartown – Montrose Housing Market
Housing prices in the Neartown – Montrose neighborhood are down 4% as of February 2025 compared to last year, but buyers have time to shop around. Houses generally spend 48 days on the market in this area.
If you happen to stumble upon your dream home, though, you may want to act fast. In-demand homes in this artsy neighborhood can sell for about list price and go pending in only around nine days.
Median Sale Price
$649,500
Median Sale Price Per Sq. Ft.
$261
Museum District
With 19 cultural institutions to explore in Houston’s Museum District, art lover residents will never be bored. The fun doesn’t stop at just fine and contemporary art.
Movie buffs can stop by the 4D theater, and kids can enjoy the interactive Children’s Museum of Houston.
Quick Facts
Population:
6,249
Median Age:
33
Housing Units:
3,364
Bike Score:
75/100
Walk Score:
74/100
Transit Score:
63/100
Median Household Income:
$102,003
Museum District Housing Market
With all of the amazing attractions the Museum District has to offer, it’s a somewhat competitive housing market. Homes for sale sometimes receive multiple offers, and they typically spend 61 days on the market. Good news for buyers: Homes sell for around 4% below list price on average.
Median Sale Price
$462,500
Median Sale Price Per Sq. Ft.
$231
University Place
Proximity to Rice University and the Texas Medical Center is all part of the appeal of living in the University Place neighborhood—as are the amazing retail options in the Village shopping district.
This neighborhood is known for quite expensive homes that are deed-restricted.
Quick Facts
Population:
15,295
Median Age:
36
Housing Units:
7,465
Bike Score:
76/100
Walk Score:
72/100
Transit Score:
58/100
Median Household Income:
$115,867
University Place Housing Market
If you find your ideal home in the University Place housing market, then you may need to act quickly. Some homes for sale in this area get multiple offers. The homes can sell for around 2% below list price, so don’t be afraid to haggle a little. The average homes in this neighborhood take a while to sell, spending around 53 days before they go pending. But the hottest ones can move in an average of just one week.
Median Sale Price
$892,000
Median Sale Price Per Sq. Ft.
$414
SoFi Home Loans
It’s easy to see why Houston has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from, whether you’re young and single or have a family to look after.
If you think Houston could be your home sweet home, then you may need to consider your mortgage financing options.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
What is the Houston real estate market forecast for 2025?
Houston is considered a somewhat competitive market, and some homes still get multiple offers, though they are taking slightly longer to sell. The hottest homes can go to pending in an average of 14 days, and 13.2% of homes sell for above list price. The median sale price for homes is about the same as it was last year, around $340,000.
Is Houston a buyer’s market?
Many of the most popular neighborhoods in Houston have seen a reduction in the number of offers homes are receiving, and an increase in the number of days homes take to go pending. This trend can be an indicator that the city is more of a buyer’s market. However, home sale prices are still above list price for 13.2% of homes.
What is the appreciation rate for houses in Houston?
Appreciation rates will vary across Houston, but some neighborhoods stand out as real performers. One of the best neighborhoods in Houston for home appreciation rates is River Oaks, with a 53% appreciation rate over the last decade. Coming in the second highest over the last ten years is Greater Heights; home values there appreciated 43% over the last ten years. On average in Houston, the National Association of Realtors showed a one-year appreciation rate of 3.8%, compared to the national average of 6.1%.
SoFi Mortgages
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SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
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