Houston Real Estate: The Basics
If you’re thinking of buying, selling, or investing in Houston-area real estate, then having accurate, localized data is key.
Not sure where to start? We can help.
The Houston metro market is a large one, spanning more than 10,000 square miles. In addition to Houston proper, it also includes cities like The Woodlands, Sugar Land, Spring, Conroe, Katy, and more. The region is home to more than 6.6 million people, making it the fifth-most populous market in the U.S.
|Number of properties||2.5 million|
|Total number of foreclosures*||9,246|
|Overall foreclosure rate||0.37% (1 in every 270 housing units)|
|Median Sales Price||$237,000|
|Average Homeownership Tenure||8.14 years|
|Home Flipping Rate||5.5%|
|Gross Flipping Profit||$36,375|
A Look at Detailed Houston Property Data
You need a good handle on the overall Houston market, but to make the best decisions for your pocketbook, you also need detailed property-level data, too.
Are you considering a Houston-area real estate transaction? You’ll also want the following data points before making your decision:
- Detailed property characteristics
- Mortgage and financing information
- Geocodes and coordinate data
- Recorder and deed information
- Assessor and tax data
- Ownership and sales histories
- Foreclosure and REO records