The single-family rental market remains strong in Houston as would-be homebuyers wait for mortgage rates to ease.

The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.       

Homes in the luxurious River Oaks neighborhood make up many of the most expensive greater Houston home sales from January.

Realtors entered 3,043 properties into the MLS during the week, a 23.5% increase over the same week in 2023, when 2,465 properties were entered.

The most affordable neighborhood in the Houston area is Kingwood (77345), where the median home costs 2.69 times the median annual salary.

The Houston real estate market posted a surprisingly strong start to the year, according to the latest Market Update from the Houston Association of REALTORS®.

Nationwide, homeowners are most likely to spend money on a fresh coat of paint to upgrade the exterior of their house. But can the same be said for Houston residents?

Home might really be where the heart is. According to a new Zillow survey, 42% of recent homebuyers reported finding love after buying their new home.

The median home price in Houston declined 0.4% to $336,000 during the fourth quarter, while the monthly mortgage payment rose to $2,460, up from $2,350 a year ago.

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

Home sales increased over 2023 volumes again in the fifth week of the year, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.

Realtors entered 11,220 new listings into the MLS in January. That’s a 16.1% increase over January 2023, when 9,664 properties were added to the market.

Both new listings and closings again surpassed 2023 volumes during the week ended Jan. 29, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

The most popular area was Fulshear/South Brookshire/Simonton, which saw a 103.6% increase in home sales year over year.

River Oaks ranked as the most expensive Houston neighborhood at $481 per square foot — but it wasn’t the only Houston neighborhood in the 610 Loop to make the list.