13 homes sold in Museum Park in the month of August, 2 detached homes sold and 11 townhomes/condos. This is slightly up from the same period last year, which only saw 9 sales in the Museum Park.
Active Listings
There are 124 properties currently on the market, 40 detached homes and 84 townhomes/condos. In August, 17 new listings came on the market and 22 sellers decided to reduce their price.
Home Prices
The current median home price in Museum Park is $250,000, down from $284,000 during the same period last year. Median home prices for townhomes/condos dropped significantly, falling 21% from this time last year. Detached properties are actually performing quite well. Those homes have increased 10% in value from 2010.
Museum Park Houston is one of Houston’s most culturally rich communities in the city. Home to 13 Museums, Hermann Park, and Rice University, this neighborhood offers walk-ability to many of Houston’s most prized treasures. Uniquely situated between Downtown Houston and the Texas Medical Center, two of the largest business districts in the state of Texas. Both of these districts are connected to Museum Park by Houston’s light rail system. Museum Park has many recently constructed luxury single family homes, townhomes, and high rise condominiums. The neighborhood is also home to the highest concentration of modern residential development in all of Houston. Norhill Realty is proud to call this vibrant neighborhood our home.
Visit Museum Park Homes or Museum District homes for more information.
