Houston Real EstateListings last updated 05/27/2022
Do you speak Spanish? See Casas en Venta en Houston
Do you speak Spanish? See Casas en Venta en Houston
• Population: 2,304,580
• Median age: 33
• Population per square mile: 3,501.5
• Land area: 599.59 square miles
• Number of households: 858,374
• Median household income: $52,338
• Income per capita: $32,521
Source: Latest U.S. Census data
Houston is the most highly populated city in the state of Texas and has the fourth-largest number of residents in the country. It serves as the seat of Harris County, and the greater Houston metropolitan area is the fifth-most populous in the U.S.
The city lies on the Gulf of Mexico and has the #1 U.S. port in foreign waterborne tonnage and in total foreign and domestic waterborne tonnage. It’s also ranked third in the country in terms of total foreign cargo value.
Houston has quite a diversified economy and is considered an economic powerhouse because it’s home to Texas Medical Center — the world’s largest children’s hospital and the world’s largest cancer hospital — along with Johnson Space Center, which gained Houston the nickname of Space City. In addition to these, the city’s transportation options, its connections to the oil business, and other thriving industries mean that it is often considered the economic center of the South.
The Houston housing market continues to be strong, with an ever-increasing demand for residential properties. The average and median prices for different types of homes for sale in the Greater Houston area are:
Houston has a total of 88 “super neighborhoods” and can be divided into main geographical areas, such as Downtown, South Side, Northside, Uptown, Midtown, Southwest, Southeast and Neartown. Below are four of the most important areas.
The city’s downtown area is home to two Chinatowns; a large number of bars and restaurants; and museums, theaters and other entertainment venues. Many businesses and financial institutions are based here, especially in the blocks known as the Skyline District. Despite being a central area, downtown has surprisingly affordable prices for both apartments and houses.
Situated south of Downtown and east of the Meyerland and Fondren communities, South Side is home to communities with large African American and Latino populations, including neighborhoods such as Sunnyside, Hiram Clarke and South Park. Properties here are often more economically priced than elsewhere in the city.
Located north of the city’s downtown core, Northside is home to neighborhoods such as Houston Heights, Kashmere Gardens and Near Northside, which are largely within the 610 Loop. Other neighborhoods — like Acres Homes, Aldine, Greenspoint and Trinity Gardens — are outside of it. Houston Heights was one of the earliest planned communities in the entire state of Texas. Notably, properties situated in the historic neighborhoods of Northside are often detached, and most homes for sale are priced in the middle-income bracket.
Situated west of downtown and often referred to as the Galleria Area, uptown is just outside of the 610 Loop. It’s bordered by Woodway Drive to the north, Yorktown Street to the west and Richmond Avenue to the south. It’s home to several hotels and countless companies and diplomatic missions, and also features modern architectural gems. This particular area has diverse housing options ranging from smart, budget-friendly condos to million-dollar mansions and luxury penthouses.
Educational options in the city are abundant, as the Houston metropolitan area features more than 60 school districts, dozens of state-approved charter schools and around 200 private schools to choose from. The Houston Independent School district is the largest in the city and the state, as well as the seventh-largest in the nation with a total of 280 schools; 196,171 students; and 27,195 full-time employees.
The greater Houston area has 14 major institutes of higher learning, including four distinct state universities: the University of Houston, the University of Houston-Clear Lake, the University of Houston-Downtown and Texas State University. Other notable colleges include Houston Community College, San Jacinto College and Lone Star College System. All in all, 78.9% of the local population has graduated high school and 32.9% holds a bachelor’s degree.
The city was ranked seventh among the world’s top cities of the future, taking into consideration global business investment, human capital and lifestyle, according to the fDi Intelligence division of the Financial Times. The city also ranked sixth in the “business friendliness” category, thanks to its welcoming business environment.
To that end, 24 Fortune 500 companies can be found in the Houston area, with the city’s metro boasting the third-largest concentration of such companies in the nation. Phillips 66, Sysco, Hewlett Packard Enterprise, Enterprise Product Partners and Plains GP Holdings are just a few of the Fortune 500 companies headquartered in Houston.
Trade, transportation and utilities is the largest industry in the city and where a bulk of the local population activates. Other popular sectors include professional and business services; education and health services; government; and leisure and hospitality.
Houston has more diversity than any other metropolitan area in Texas. These different cultures are celebrated in the variety of music, festivals and cuisine that can be enjoyed in the city. This also attracts many tourists and gathers plenty of locals, as well.
The city’s museum district, which is situated in the downtown area, has a large number of cultural venues, including the Houston Museum of Natural Science and the Children’s Museum of Houston. A number of art galleries — such as the Museum of Fine Arts Houston, the Contemporary Arts Museum Houston and the Cullen Sculpture Garden — can also be found here. The Theater District is also an important attraction, along with Houston’s opera, ballet company and symphony orchestra. Mission Control — part of Space Center Houston — has many fascinating exhibits, as well, ranging from space rockets to moon rocks.