Home prices are going up across the country, and Houston, Texas, is no exception. Home values in Houston have more than doubled in the last 20 years, and there’s no indication they’re coming back down anytime soon.
Not every Houston neighborhood has seen the same rate of increase, though. Some neighborhoods—like the Clinton Park Tri-Community neighborhood—have seen much narrower increases to their home values compared to their prices in the year 2000.
That said, Houston’s home prices are still going up at an alarming rate, especially since we’ve found that the city’s median income isn’t increasing as quickly. This is a huge problem for first-time homebuyers who don’t yet have equity built up to put toward mortgages for new homes.
Whether you’re a prospective homeowner looking to put down roots in Houston, a general contractor surveying the city for future development, or a realtor researching Houston’s housing market, keep reading. We’ve broken the data down by neighborhood to help you find Houston’s most and least affordable areas.