Housing Report for Houston-Baytown-Sugar Land
In Houston-Baytown-Sugar Land, there were a total of 2,040,117 homes in 2005. The metro area has experienced a medium-high growth level in the number housing units, adding all together 191,766 housing units since the year 2001, or 10.4 percent.
When comparing areas across the State of Texas, Houston-Baytown-Sugar Land stands 5 of the 25 metro areas by percentage growth in residential real estate. The metro area is positioned 61 of 361, comparing the percentage change in residential real estate in other US MSAs.
Houston-Baytown-Sugar Land had a median home value in the year 2005 of $123,400, according to the American Community Survey. This home value is greater than the State of Texas 2005 median home value of $106,000 and less than home value of $167,500 across the nation during that year.
It can be understood that there is a large amount of real estate that is affordable in Houston-Baytown-Sugar Land, Texas. In 2005, 51 percent of owner-occupied dwellings were valued under $125k.
Houston-Baytown-Sugar Land has a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey reports that 3 percent of the houses were valued over a half a million dollars.
The residential housing values in Houston-Baytown-Sugar Land, Texas have seen large increases since the Census values accounted for in the year 2000. The values have increased by $33,700, or 37.6 percent, from 2000 when they had reported median values of $89,700.
Data Source: U.S. Census Bureau
When comparing areas across the State of Texas, Houston-Baytown-Sugar Land stands 5 of the 25 metro areas by percentage growth in residential real estate. The metro area is positioned 61 of 361, comparing the percentage change in residential real estate in other US MSAs.
Houston-Baytown-Sugar Land had a median home value in the year 2005 of $123,400, according to the American Community Survey. This home value is greater than the State of Texas 2005 median home value of $106,000 and less than home value of $167,500 across the nation during that year.
It can be understood that there is a large amount of real estate that is affordable in Houston-Baytown-Sugar Land, Texas. In 2005, 51 percent of owner-occupied dwellings were valued under $125k.
Houston-Baytown-Sugar Land has a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey reports that 3 percent of the houses were valued over a half a million dollars.
The residential housing values in Houston-Baytown-Sugar Land, Texas have seen large increases since the Census values accounted for in the year 2000. The values have increased by $33,700, or 37.6 percent, from 2000 when they had reported median values of $89,700.
Data Source: U.S. Census Bureau
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