Houston, TX Housing Market

Home prices in Houston were up 7.8% year-over-year in September . At the same time, the number of sold homes fell by 6.7% and sell in around 35 days on average.

hero-image

Houston Housing Market Overview

In September 2024, home prices in Houston increased by 7.8% compared to the previous year, with a median sale price of $340,800. The number of homes sold dropped by 6.7% year-over-year, with 1,680 homes sold in 2024, compared to 1,802 in 2023. Additionally, the median time a home stayed on the market increased by 16.6%, reaching 35 days.

Median Price

Historical Median Price for past 24 months

Top Markets in Houston

Market

Mashmeter Score

Optimal Strategy

Median Price

Willowbrook, TX

B+

Short-term

339,900

Meadowbrook - Allendale, TX

B+

Short-term

339,900

Northshore, TX

B

Short-term

339,900

Clear Lake, TX

B

Short-term

339,900

Hunterwood, TX

B

Short-term

379,000

Check Houston Top Markets Full Analysis

Top Neighborhoods in Houston

Willowbrook
Houston, TX
53%
Mashmeter
property price
$329,995
Median
cap rate
4.63%
Traditional
5.28%
Airbnb
rental income
$1,275
Traditional
$1,453
Airbnb
homes for sale
16
occupancy rate
45%
Airbnb
51%
Mashmeter
property price
$229,000
Median
cap rate
7.08%
Traditional
11.77%
Airbnb
rental income
$1,350
Traditional
$2,246
Airbnb
homes for sale
1
occupancy rate
56%
Airbnb
Northshore
Houston, TX
50%
Mashmeter
property price
$149,900
Median
cap rate
10.40%
Traditional
9.67%
Airbnb
rental income
$1,299
Traditional
$1,208
Airbnb
homes for sale
1
occupancy rate
45%
Airbnb
Clear Lake
Houston, TX
49%
Mashmeter
property price
$347,000
Median
cap rate
5.53%
Traditional
9.66%
Airbnb
rental income
$1,598
Traditional
$2,794
Airbnb
homes for sale
15
occupancy rate
57%
Airbnb
Hunterwood
Houston, TX
48%
Mashmeter
property price
$249,900
Median
cap rate
6.94%
Traditional
6.90%
Airbnb
rental income
$1,446
Traditional
$1,437
Airbnb
homes for sale
7
occupancy rate
38%
Airbnb

Houston short term regulations

Houston, TX

Rating:

Positive

Legal for non-occupied:

Yes

Rule Summary:

No regulations yet

Rented days limit:

N/A

See ALL Houston short term regulations

Houston Top Investment Properties Under Median Price

$250,000

property-listing

10309 Sierra Dr, Houston , TX 77051

Sunnyside

Single Family Residential

4 beds |
2 baths |
1,800 sq.ft
CAP RATE
Airbnb:
7.94%
Trad:
4.43%

$90,000

property-listing

10912 Gulf Fwy #20, Houston , TX 77034

Edgebrook Area

Condo/Coop

2 beds |
1 baths |
790 sq.ft
CAP RATE
Airbnb:
7.9%
Trad:
3.72%

$265,000

property-listing

442 Ironbark Dr, Houston , TX 77598

Clear Lake

Single Family Residential

3 beds |
2 baths |
1,479 sq.ft
CAP RATE
Airbnb:
7.86%
Trad:
2.92%

$274,000

property-listing

3506 Fountain View Drive, Houston , TX 76549

Gulfton

Single Family Residential

3 beds |
2 baths |
1,415 sq.ft
CAP RATE
Airbnb:
7.81%
Trad:
3.21%

Newly Listed Properties in Houston

$518,000

property-listing

out of area, Houston , TX 76020

Edgebrook Area

Single Family Residential

4 beds |
3 baths |
2,569 sq.ft
CAP RATE
Airbnb:
2.67%
Trad:
4.11%

$488,000

property-listing

5630 S Acres Dr, Houston , TX 77048

Minnetex

Other

beds |
baths |
sq.ft
CAP RATE
Airbnb:
0.06%
Trad:
-1.76%

$579,000

property-listing

818 E E 32 1/2 St, Houston , TX 77022

Washington Avenue Coalition - Memorial Park

Single Family Residential

3 beds |
2 baths |
2,058 sq.ft
CAP RATE
Airbnb:
2.67%
Trad:
0.77%

$265,000

property-listing

442 Ironbark Dr, Houston , TX 77598

Clear Lake

Single Family Residential

3 beds |
2 baths |
1,479 sq.ft
CAP RATE
Airbnb:
7.86%
Trad:
2.92%

Read More About Texas Market

How to Start an Airbnb in Texas

How to Start an Airbnb in Texas

The Real Estate Investor’s Guide to Buying a Property in Tornado Alley

The Real Estate Investor’s Guide to Buying a Property in Tornado Alley

Is Austin Multifamily for Sale Worth Investing in 2022?

Is Austin Multifamily for Sale Worth Investing in 2022?

The Complete Texas MLS Listings Guide for Real Estate Investors

The Complete Texas MLS Listings Guide for Real Estate Investors