Find the Johnson Space Center, oil and gas industry, and hot summer days in the sprawling, affordable single-family market.

Office Location

2700 Post Oak Boulevard, 21st Floor
Houston, TX 77056

113,200

Jobs Created
3.7%

$62,900

Median Household Income
1.9%

52,206

Total Housing Permits
16.9%

1,181

Total Number of Projects
-4.1%

$306,420

SFD New Home List Price
-1%

6,597

New Home Sales
8.3%
Monthly

Market Health

Houston's population is 6.9M, with a total workforce of 3.0M. The labor market grew by 113,200 jobs over the past year, up by 3.7%. The median household income in Houston is $62,900, 1.9% higher than last year and 2.5% above the national average of $61,372. In the housing market, total permits issued totaled 52,206 over the last twelve months, up 16.9% year-over-year.

Houston has 1,181 active new home projects on the market, 4.1% fewer than the 1231 from last year. The average list price in the market is $306,420, 1.0% lower than last year and 4.3% below the national average. Over the last three months, new home contracts increased by 8.3% to 6,597. Houston and Richmond had the highest concentration of the new home contracts in the Houston market.

Our Experts

Work with leaders in the industry.

Lloyd Vaughn

Vice President Sales, Central

Lloyd Vaughn

Vice President Sales, Central


Kimberly Byrum

Principal

Kimberly Byrum

Principal


Scott Davis

Senior Vice President

Scott Davis

Senior Vice President


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