Real Estate Market Update for Houston, TX
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 2% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 6%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 200-thousand dollars. The number of units sold decreased 4% year-over-year, and decreased 4% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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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 I 0.4 mi Public PRESCHOOL-5 4 5
      Early College Academy At Southridge 1.5 mi Public 9-12 4 5
      St Thomas High School 1.9 mi Catholic 9-12 0 5
      The Gateway Academy 2.6 mi Private 7-12 0 5
      River Oaks Baptist School 3.8 mi Private PRESCHOOL-8 0 5
      Young Men's College Preparatory Ac 4.1 mi Public 6-12 4 5
      Presbyterian School 4.4 mi Private PRESCHOOL-8 0 5
      Duchesne Academy Of The Sacred 4.7 mi Catholic PRESCHOOL-12 0 5
      East Early College High School 5.1 mi Public 9-12 4-5 5
      Benbrook Elementary School 5.2 mi Public PRESCHOOL-4 2-5 5
      Lyons Elementary School 5.2 mi Public PRESCHOOL-5 4-5 5
      T High Rogers School 5.2 mi Public PRESCHOOL-12 5 5
      Tsu Charter Lab School 5.2 mi Public PRESCHOOL-2 0 4
      Roberts Elementary School 5.4 mi Public K-5 5 5
      St Mary Of The Purification Montessori School 5.4 mi Catholic PRESCHOOL-5 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 4 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 3 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 K-4 3 5
      Yes Prep - Gulfton 6.9 mi Public 6-10 3 5
      The Arbor School 7.1 mi Private UNGRADE-UNGRADE 0 0
      Benavidez Elementary School 7.2 mi Public PRESCHOOL-5 1 5
      Draw Academy 7.5 mi Public PRESCHOOL-8 2 5
      Hartsfield Elementary School 7.7 mi Public PRESCHOOL-5 1 5
      Worsham Elementary School 7.7 mi Public K-4 3 5
      Right Way Christian Academy 7.9 mi Private 3-12 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 1 5
      Yes Prep - North Central 9.1 mi Public 6-12 3-5 4
      Bendwood School 9.1 mi Public PRESCHOOL-PRESCHOOL 0 5
      The Shlenker School 9.2 mi Private PRESCHOOL-5 0 5
      Harold D Guthrie Center For Excellence 9.3 mi Public 9-12 0 4
      Carter Academy 9.4 mi Public K-4 3 4
      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
      Rummel Creek Elementary School 9.8 mi Public PRESCHOOL-5 4-5 5
      Strake Jesuit College Prep School 9.9 mi Catholic 9-12 0 5
      St Agnes Academy School 10.0 mi Catholic 9-12 0 5
      The Parish School 10.1 mi Private PRESCHOOL-5 0 5
      Yes Prep - West 10.1 mi Public 6-11 4 5
      Frazier Elementary School 10.2 mi Public PRESCHOOL-5 2-5 4
      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 School 10.5 mi Public K-5 0 5
      Kipp Sunnyside High School 10.6 mi Public 9-11 0 5
      Alief Early College High School 10.8 mi Public 9-12 4-5 5
      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 K-5 2-5 5
      Yorkshire Academy 11.2 mi Private PRESCHOOL-5 0 5
      Ortiz Middle School 11.3 mi Public 6-8 2 4
      Pyburn Elementary School 11.4 mi Public PRESCHOOL-5 3-5 5
      Memorial Private High School 11.5 mi Private 7-12 0 5
      Chancellor Elementary School 11.5 mi Public PRESCHOOL-5 3 4
      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 2-5 5
      Cunningham Middle School 12.5 mi Public 7-8 2-5 5
      Kipp Sharp College Prep 12.7 mi Public PRESCHOOL-4 5 5
      Kipp Academy Middle 12.7 mi Public 5-8 4 5
      Kipp Shine Prep 12.7 mi Public PRESCHOOL-4 4-5 5
      Kipp Houston High School 12.7 mi Public 9-12 4-5 5
      Harmony Science Academy - Houston 12.7 mi Public K-7 4 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
      Windfern High School 13.9 mi Public 11-12 4 4
      Cloverleaf Elementary School 13.9 mi Public PRESCHOOL-5 3 5
      James B Havard Elementary School 14.2 mi Public PRESCHOOL-5 2-5 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-3 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 15.9 mi Public 6-12 4 4
      Lowery Elementary School 16.1 mi Public PRESCHOOL-5 4-5 5
      Gulfhaven Christian School 16.4 mi Private PRESCHOOL-8 0 5
      Moore Elementary School 16.6 mi Public PRESCHOOL-4 2-5 5
      Goudeau Accelerated Preparatory Academy 17.2 mi Private PRESCHOOL-6 0 4
      Frazier Elementary School 17.7 mi Public PRESCHOOL-4 3-5 5
      Montessori Moments 17.9 mi Private 1-3 0 4
      Copeland Elementary School 17.9 mi Public PRESCHOOL-5 4 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
      Armand Bayou Montessori 22.2 mi Private K-3 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
      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 © 2015
      Local Weather for Houston, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.