House prices in the Houston-The Woodlands-Sugar Land metropolitan area have almost doubled since 2011. In 2023, the median house price reached ******* U.S. dollars, down by *** percent from 2022. This was close to the average house price in Texas.

Graph and download economic data for All-Transactions House Price Index for Houston-The Woodlands-Sugar Land, TX (MSA) (ATNHPIUS26420Q) from Q1 1976 to Q1 2025 about Houston, appraisers, HPI, TX, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Harris County, TX (ATNHPIUS48201A) from 1975 to 2024 about Harris County, TX; Houston; HPI; TX; housing; price index; indexes; price; and USA.

House prices in the second most populous state in the United States, Texas, have increased more than two-fold since 2011. In 2023, the median house price reached ******* U.S. dollars, a decrease of *** percent from the previous year. Texas is one of the more affordable states for buying a home with house prices below the national average.

House prices in the second most populous state in the United States, Texas have doubled since 2011. In 2023, the average house price reached ***** U.S. dollars per square foot, up from approximately *** U.S. dollars in 2020. Despite the increase, the median home price was still below the national average.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Houston-the Woodlands-Sugar Land, TX (CBSA) (MEDLISPRIPERSQUFEEMM26420) from Jul 2017 to Jun 2025 about Houston, square feet, listing, TX, median, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Texas (TXSTHPI) from Q1 1975 to Q1 2025 about appraisers, HPI, TX, housing, price index, indexes, price, and USA.

VITAL SIGNS INDICATOR Home Prices (EC7)

FULL MEASURE NAME Home Prices

LAST UPDATED August 2019

DESCRIPTION Home prices refer to the cost of purchasing one’s own house or condominium. While a significant share of residents may choose to rent, home prices represent a primary driver of housing affordability in a given region, county or city.

DATA SOURCE Zillow Median Sale Price (1997-2018) http://www.zillow.com/research/data/

Bureau of Labor Statistics: Consumer Price Index All Urban Consumers Data Table (1997-2018; specific to each metro area) http://data.bls.gov

CONTACT INFORMATION vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator) Median housing price estimates for the region, counties, cities, and zip code come from analysis of individual home sales by Zillow. The median sale price is the price separating the higher half of the sales from the lower half. In other words, 50 percent of home sales are below or above the median value. Zillow defines all homes as single-family residential, condominium, and co-operative homes with a county record. Single-family residences are detached, which means the home is an individual structure with its own lot. Condominiums are units that you own in a multi-unit complex, such as an apartment building. Co-operative homes are slightly different from condominiums where the homeowners own shares in the corporation that owns the building, not the actual units themselves.

For metropolitan area comparison values, the Bay Area metro area’s median home sale price is the population-weighted average of the nine counties’ median home prices. Home sales prices are not reliably available for Houston, because Texas is a non-disclosure state. For more information on non-disclosure states, see: http://www.zillow.com/blog/chronicles-of-data-collection-ii-non-disclosure-states-3783/

Inflation-adjusted data are presented to illustrate how home prices have grown relative to overall price increases; that said, the use of the Consumer Price Index does create some challenges given the fact that housing represents a major chunk of consumer goods bundle used to calculate CPI. This reflects a methodological tradeoff between precision and accuracy and is a common concern when working with any commodity that is a major component of CPI itself.

VITAL SIGNS INDICATOR Home Prices (EC7)

FULL MEASURE NAME Home Prices

LAST UPDATED August 2019

DESCRIPTION Home prices refer to the cost of purchasing one’s own house or condominium. While a significant share of residents may choose to rent, home prices represent a primary driver of housing affordability in a given region, county or city.

DATA SOURCE Zillow Median Sale Price (1997-2018) http://www.zillow.com/research/data/

Bureau of Labor Statistics: Consumer Price Index All Urban Consumers Data Table (1997-2018; specific to each metro area) http://data.bls.gov

CONTACT INFORMATION vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator) Median housing price estimates for the region, counties, cities, and zip code come from analysis of individual home sales by Zillow. The median sale price is the price separating the higher half of the sales from the lower half. In other words, 50 percent of home sales are below or above the median value. Zillow defines all homes as single-family residential, condominium, and co-operative homes with a county record. Single-family residences are detached, which means the home is an individual structure with its own lot. Condominiums are units that you own in a multi-unit complex, such as an apartment building. Co-operative homes are slightly different from condominiums where the homeowners own shares in the corporation that owns the building, not the actual units themselves.

For metropolitan area comparison values, the Bay Area metro area’s median home sale price is the population-weighted average of the nine counties’ median home prices. Home sales prices are not reliably available for Houston, because Texas is a non-disclosure state. For more information on non-disclosure states, see: http://www.zillow.com/blog/chronicles-of-data-collection-ii-non-disclosure-states-3783/

Inflation-adjusted data are presented to illustrate how home prices have grown relative to overall price increases; that said, the use of the Consumer Price Index does create some challenges given the fact that housing represents a major chunk of consumer goods bundle used to calculate CPI. This reflects a methodological tradeoff between precision and accuracy and is a common concern when working with any commodity that is a major component of CPI itself.

The annual taking rent of industrial big box buildings in Houston, Texas, increased notably in 2023. In the second half of the year, a square foot of big box space cost **** U.S. dollars, up from **** U.S. dollars the year before. Big-box refers to large industrial buildings used for distribution. Despite the increase in rental rates, Houston had lower than the average big-box rent in North America.

Graph and download economic data for Housing Inventory: Median Days on Market in Houston-the Woodlands-Sugar Land, TX (CBSA) (MEDDAYONMAR26420) from Jul 2016 to Jul 2025 about Houston, TX, median, and USA.

United States Median Existing Home Price: MA: Houston-Baytown-Sugar Land data was reported at 229.800 USD th in Mar 2018. This stayed constant from the previous number of 229.800 USD th for Dec 2017. United States Median Existing Home Price: MA: Houston-Baytown-Sugar Land data is updated quarterly, averaging 134.300 USD th from Mar 1989 (Median) to Mar 2018, with 117 observations. The data reached an all-time high of 235.600 USD th in Jun 2017 and a record low of 62.600 USD th in Dec 1989. United States Median Existing Home Price: MA: Houston-Baytown-Sugar Land data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.

The average annual rent for manufacturing space in Houston, Texas, declined in 2024, after rising for two consecutive years. In the first quarter of 2024, the rental cost amounted to **** U.S. dollars per square foot. That was below the average rent for manufacturing space in the United States.

The Central Business District (CBD) was the most expensive market for office real estate rental in Houston, Texas in the second quarter of 2024. The average direct asking rental rate of office space was approximately ** U.S. dollars per square feet, compared to **** U.S. dollars per square feet in FM 1960. Among the major office markets in Texas, Dallas had the most inventory, while Austin had the highest rental rates.

Graph and download economic data for Housing Inventory: Average Listing Price Month-Over-Month in Liberty County, TX (AVELISPRIMM48291) from Jul 2017 to Jun 2025 about Liberty County, TX; Houston; average; listing; TX; price; and USA.

Graph and download economic data for Market Hotness: Median Listing Price in Harris County, TX (MELIPRCOUNTY48201) from Aug 2017 to Jun 2025 about Harris County, TX; Houston; listing; TX; median; price; and USA.

Graph and download economic data for Housing Inventory: Average Listing Price Month-Over-Month in Houston-the Woodlands-Sugar Land, TX (CBSA) (AVELISPRIMM26420) from Jul 2017 to Jul 2025 about Houston, average, listing, TX, price, and USA.

Graph and download economic data for Housing Inventory: Average Listing Price Year-Over-Year in Harris County, TX (AVELISPRIYY48201) from Jul 2017 to Jul 2025 about Harris County, TX; Houston; average; listing; TX; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price Month-Over-Month in Harris County, TX (MEDLISPRIMM48201) from Jul 2017 to Jun 2025 about Harris County, TX; Houston; listing; TX; median; price; and USA.

In 2023, the average vacancy rate for industrial and logistics real estate in the United States started to rise, marking the first increase since early 2020. As of the first quarter of 2025, approximately *** percent of industrial and logistics real estate was vacant - an increase of **** percentage points since the fourth quarter of 2022. Despite vacancies rising, in many of the major industrial markets, the vacancy rate stood below five percent. Why has the vacancy rate increased? High-quality warehousing and fulfillment centers are crucial to the e-commerce sector because they allow retailers to establish efficient processes, reduce costs, and meet consumer expectations. During the COVID-19 pandemic, e-commerce sales grew rapidly, driving demand for industrial and logistics real estate. Rising leasing activity led to the share of available space dropping notably. As development increased to meet this demand, 2023 experienced the highest amount of new completions and vacancies rising. Which are the largest U.S. industrial and logistics markets? Home to the largest port complex in North America and a gateway for the trade between Asia and North America, Greater Los Angeles is the market with the most industrial and logistics real estate stock. Nevertheless, when considering demand, Phoenix and Houston topped the ranking with the most industrial and logistics real estate absorbed in 2024. Both markets possess a strategic location, proximity to the Gulf of Mexico, and a convenient connection to major East and West Coast markets.