The Houston-The Woodlands-Sugar Land, TX Metro Area is a great place to invest in housing. With the median value of $289,900, it is much less than the US average of $338,100. However, the area has seen a higher rate of appreciation than the national average over the past year with 12.83%, compared to 8.27%. This makes it an attractive option for those looking to get into the housing market or grow their real estate portfolio. The area continues to be an excellent choice for potential homeowners and investors alike, making it a great market to be in right now.
The median home cost in Houston-The Woodlands-Sugar Land Metro Area is $289,900. Home appreciation the last 10 years has been 100.5%. Home Appreciation in Houston-The Woodlands-Sugar Land Metro Area is up 16.8%.
Average Age of Homes
- The median age of Houston-The Woodlands-Sugar Land Metro Area real estate is 30 years old
The Rental Market in Houston-The Woodlands-Sugar Land Metro Area
- Renters make up 34.6% of the Houston-The Woodlands-Sugar Land Metro Area population
- 3.4% of houses and apartments in Houston-The Woodlands-Sugar Land Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.