Real Estate Market Update for Houston, TX
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 32% from one year earlier, and down 11% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 200-thousand dollars. The number of units sold increased 3% year-over-year, and decreased 5% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Houston, TX
Area Information for Houston, TX
  • Population: 2,190,788
  • Median Age: 31.85 yr
  • Median Commute Time: 23.38 mins
  • Educational Climate*: 3
  • Sales Tax: 8.25%
  • Population Density: 3,654/sq mi
  • Population Change Since 2000: 11.15%
  • Closest Airport: William P Hobby
  • Closest College: University Of Houston-downtown
  • Closest Jr. College: Houston Community College
  • Median Household Income: $44,245
  • Annual Residential Turnover: 20.18%
  • Median Years in Residence: 2.86 yr
  • Median Home Sales Price: $180,000
  • Closest Major Sports Team: Astros
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Houston, TX
Median Age: 31.85 Married: 24% Number of Households: 824,758 Households with Children: 288,785
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Houston, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Houston Heights Learning Academy 0.4 mi Public PRESCHOOL-5 4-5 5
      Early College Academy At Southridge 1.5 mi Public 9-11 4 5
      St. Thomas High School 1.9 mi Catholic 9-12 0 5
      The Gateway Academy 2.5 mi Private 7-12 0 0
      Kennedy Elementary School 3.3 mi Public PRESCHOOL-5 3 5
      River Oaks Baptist School 3.8 mi Private PRESCHOOL-8 0 5
      Houston Academy For International Studies 4.2 mi Public 9-12 4-5 4
      Presbyterian School 4.4 mi Private PRESCHOOL-8 0 5
      Young Men's College Preparatory Academy 4.5 mi Public 6-10 4-5 0
      Duchesne Academy Of The Sacred 4.7 mi Catholic PRESCHOOL-12 0 5
      East Early College High School 5.1 mi Public 9-12 5 5
      Benbrook Elementary School 5.2 mi Public PRESCHOOL-5 2-5 5
      Lyons Elementary School 5.2 mi Public PRESCHOOL-5 4 5
      T H Rogers Secondary 5.2 mi Public PRESCHOOL-12 5 5
      Atherton Elementary School 5.2 mi Public PRESCHOOL-5 3-5 5
      Tsu Charter Lab School 5.3 mi Public PRESCHOOL-2 0 4
      Roberts Elementary School 5.4 mi Public K-5 5 5
      St. Mary Of The Purification Mon 5.4 mi Catholic PRESCHOOL-5 0 4
      Our Savior Lutheran School 5.5 mi Private PRESCHOOL-8 0 4
      Our Redeemer Lutheran North School 5.5 mi Private 6-12 0 5
      Project Chrysalis Middle School 5.8 mi Public 6-8 5 5
      Cage Elementary School 5.8 mi Public PRESCHOOL-5 3 5
      Second Baptist School 5.9 mi Private PRESCHOOL-12 0 5
      St. Vincent De Paul School 5.9 mi Catholic PRESCHOOL-8 0 5
      Valley Oaks Elementary School 6.1 mi Public PRESCHOOL-5 3-5 5
      Spring Branch School Of Choice 6.2 mi Public 8-12 0 5
      Resurrection Catholic School 6.4 mi Catholic PRESCHOOL-8 0 4
      Christian School Of Northwest Houston 6.5 mi Private PRESCHOOL-5 0 5
      Mendel Elementary School 6.5 mi Public K-4 2-5 5
      St. Jerome School 6.6 mi Catholic PRESCHOOL-8 0 4
      The Kinkaid School 6.8 mi Private PRESCHOOL-12 0 5
      Carroll Academy 6.8 mi Public PRESCHOOL-4 2 5
      Yes Prep - Lee 6.9 mi Public 6-9 4 5
      The Arbor School 7.1 mi Private UNGRADE-UNGRADE 0 0
      Draw Academy 7.5 mi Public PRESCHOOL-8 2 5
      Kipp Gulfton Lower School 7.7 mi Public PRESCHOOL-5 5 5
      Worsham Elementary School 7.7 mi Public K-4 3 5
      Right Way Christian Academy 7.9 mi Private 1-9 0 5
      Yes Prep - West 7.9 mi Public 6-11 4-5 5
      Pilgrim Lutheran School 8.2 mi Private PRESCHOOL-8 0 5
      Avondale House 8.3 mi Private K-12 0 5
      Frostwood Elementary School 8.3 mi Public K-5 5 5
      Mrs. Wagner's School 8.8 mi Private PRESCHOOL-3 0 5
      Gray Elementary School 8.8 mi Public K-4 2 5
      Eternity Christian School 8.8 mi Private PRESCHOOL-6 0 5
      Yes Prep - North Central Campus 9.1 mi Public 6-12 4-5 4
      Bendwood School 9.1 mi Public PRESCHOOL-5 0 5
      The Shlenker School 9.2 mi Private PRESCHOOL-5 0 5
      Ascension Episcopal School 9.4 mi Private PRESCHOOL-5 0 5
      Grace School 9.5 mi Private PRESCHOOL-8 0 5
      Black Elementary School 9.7 mi Public K-4 2 5
      Seguin Elementary School 9.8 mi Public PRESCHOOL-5 3-5 5
      Rummel Creek Elementary School 9.8 mi Public PRESCHOOL-5 5 5
      Strake Jesuit College Prep School 9.9 mi Catholic 9-12 0 5
      St. Agnes Academy 10.0 mi Catholic 9-12 0 5
      The Parish School 10.1 mi Private PRESCHOOL-5 0 5
      The Branch School 10.3 mi Private PRESCHOOL-8 0 5
      Sherwood Forest Montessori School 10.3 mi Private PRESCHOOL-6 0 4
      Wilchester Elementary School 10.4 mi Public PRESCHOOL-5 5 5
      Kipp Sunnyside High School 10.6 mi Public 9-11 3 5
      St. Christopher Catholic School 10.7 mi Catholic PRESCHOOL-8 0 5
      Harmony School Of Advancement - High 10.8 mi Public 9-12 4-5 0
      Light Christian Academy 10.9 mi Private PRESCHOOL-1 0 5
      St. Philip Neri Elementary School 11.1 mi Catholic PRESCHOOL-5 0 5
      Mcdougle Elementary School 11.2 mi Public PRESCHOOL-5 3 5
      Yorkshire Academy 11.2 mi Private PRESCHOOL-5 0 5
      Pyburn Elementary School 11.4 mi Public PRESCHOOL-5 4 5
      Bright Futures Cdc 12.3 mi Private PRESCHOOL-2 0 5
      Madkin Gray Academy 12.4 mi Private PRESCHOOL-3 0 5
      Woodland Acres Elementary School 12.5 mi Public PRESCHOOL-5 3 5
      Cunningham Middle School 12.5 mi Public 7-8 3 5
      Kipp Academy Middle 12.7 mi Public 6-12 4 5
      Kipp Shine Prep 12.7 mi Public PRESCHOOL-4 4 5
      Kipp Houston High School 12.7 mi Public 9-12 4-5 5
      Harmony Science Academy - Houston Nw 12.7 mi Public K-8 3-5 5
      Holy Trinity Day School 12.9 mi Private PRESCHOOL-2 0 5
      A & B Christian School 13.0 mi Private PRESCHOOL-2 0 5
      Vistas High School 13.0 mi Public 9-12 0 5
      Five Star Montessori School 13.2 mi Private PRESCHOOL-K 0 5
      Cloverleaf Elementary School 13.9 mi Public PRESCHOOL-5 3 5
      James B Havard Elementary School 14.2 mi Public PRESCHOOL-5 3-5 5
      North Shore Elementary School 14.3 mi Public PRESCHOOL-5 3 5
      Northwood Montessori School 14.8 mi Private PRESCHOOL-1 0 5
      Dav Montessori School 14.9 mi Private PRESCHOOL-1 0 5
      Mission Bend Christian Academy 15.1 mi Private PRESCHOOL-6 0 5
      American Montessori School 15.2 mi Private PRESCHOOL-K 0 5
      Yes Prep - Southeast Campus 15.9 mi Public 6-12 4-5 4
      Lowery Elementary School 16.1 mi Public K-5 4-5 5
      Gulfhaven Christian School 16.4 mi Private PRESCHOOL-8 0 5
      Moore Elementary School 16.6 mi Public PRESCHOOL-4 3-5 5
      Sunshine Children's World 17.2 mi Private PRESCHOOL-4 0 4
      Frazier Elementary School 17.7 mi Public PRESCHOOL-4 4 5
      Montessori Moments 17.9 mi Private 1-3 0 4
      Copeland Elementary School 17.9 mi Public PRESCHOOL-5 4-5 5
      North Pointe Elementary School 20.8 mi Public PRESCHOOL-5 4-5 5
      John F Ward Elementary School 21.7 mi Public K-5 4-5 5
      Armand Bayou Montessori 22.2 mi Private PRESCHOOL-4 0 4
      Clear Lake Montessori 23.2 mi Private PRESCHOOL-K 0 5
      St. Thomas The Apostle Day School 25.5 mi Private PRESCHOOL-5 0 5
      C. Richard Applegate Elementary School 1,393.8 mi Public K-5 4 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Houston, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.