Houston is a large and diverse city, with various neighborhoods and housing markets that may have different price trends. Generally speaking, the Houston housing market has experienced a significant increase in prices over the past decade due to various factors such as population growth, job opportunities, and low interest rates.
According to Zillow, the median home value in Houston as of September 2021 was $222,327, which is a 7.5% increase compared to the previous year. Zillow also provides information on how prices have changed in different neighborhoods of Houston. For example, the median home value in the Galleria-Uptown area was $544,951, which is a 6.7% increase compared to the previous year, while the median home value in the Westchase area was $209,371, which is a 6.2% increase compared to the previous year.
Another website that provides detailed statistics on Houston’s housing market is HAR.com, which is the official website of the Houston Association of Realtors. HAR.com offers a variety of tools and resources to help buyers and sellers navigate Houston’s real estate market, including current listings, market reports, and historical data on sales and price trends in different neighborhoods.
Overall, while there may be variations in how prices have changed in different areas of Houston over the past decade, the general trend has been an increase in home values due to the city’s growth and economic development.