Houston’s most affordable neighborhoods to buy a house
October 15th, 2014
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The average price for a home in Houston has increased by nearly $94,000 over the past decade.
In 2004, the average price for a Houston home was $175,800. Today, that price has increased more than 50 percent to $269,440, according to data from the Houston Association of Realtors and the Real Estate Center at Texas A&M University.
In recent years, home prices have skyrocketed in Houston, squeezing out first-time homebuyers and triggering fears of a possible housing bubble.
However, affordable homes still can be found in Houston, if you know where to look. Most of these neighborhoods are in the northeast and southeast parts of town, although there are a couple scattered across the city.
Here are the top 25 most affordable neighborhoods to buy a house in the Houston area, according to new data obtained from the Houston Association of Realtors.
1. Trinity Area: $66,820 average sales price between September 2013 and August 2014
2. Northeast Houston: $75,951
3. La Marque: $80,009
4. Polk County North: $82,940
5. South Houston: $89,276
6. Texas City: $93,883
7. Medical Center South: $98,482
8. Hobby Area: $99,800
9. Tyler County: $99,897
10. Northside: $100,212
11. Denver Harbor: $103,006
12. Aldine Area: $105,152
13. Liberty: $105,164
14. North Channel: $107,574
15. Cleveland Area: $114,182
16. Humble Area West: $119,105
17. Coldspring/South San Jacinto: $119,487
18. Liberty County East: $120,184
19. Hitchcock: $120,418
20.Five Corners: $120,877
21. Baytown: $121,229
22. Livingston Area: $121,458
23. 1960/Cypress Creek South: $123,683
24. Pasadena: $124,467
25. Northwest Houston: $125,804
By: Paul Takahashi HBJ
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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®
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