Houston Real Estate Rankings

Top 10 Neighborhood Markets in HoustonHighest Inventory Surplus

In the past six months, Houston's real estate market shows some areas are struggling to move properties. Let's dive into the top ten local markets ranked by the highest months of inventory, highlighting where sellers are finding it tough to close deals.
Statistics calculated from from March 13, 2024 to September 09, 2024
1
Bluewater
27.59 Months of Inventory
Bluewater tops the list with a whopping 28 months of inventory. With 134 active listings and only 34 sold during the period, it’s been a tough ride for sellers despite an average sale price of $446,729 and a high average DOM of 152 days.

Available Homes:

147

Homes Sold:

34

Average Sold Price:

$447k

Average Days to Sell:

152

Average Discount:

8%

2
Bolivar-Crystal Beach
25.83 Months of Inventory
Bolivar-Crystal Beach isn't faring much better, showing nearly 26 months of inventory. The area has 428 active listings but just 115 sales during the period. The average sale price here sits at $511,440, which might be a factor in its market sluggishness.

Available Homes:

456

Homes Sold:

115

Average Sold Price:

$511k

Average Days to Sell:

194

Average Discount:

9%

3
West End
18.52 Months of Inventory
West End comes in next with over 18 months of inventory. Here, 508 homes are actively listed, and 190 have been sold during the period. The average property sells for a substantial $737,200 but spends 139 days on the market.

Available Homes:

536

Homes Sold:

190

Average Sold Price:

$737k

Average Days to Sell:

139

Average Discount:

7%

4
Tiki Island
17.50 Months of Inventory
Tiki Island, known for its luxury waterfront properties, has about 18 months of inventory. With 65 active listings and 26 sales during the period, homes average a cool $1,035,690 and stay on the market for around 128 days.

Available Homes:

69

Homes Sold:

26

Average Sold Price:

$1.0M

Average Days to Sell:

128

Average Discount:

9%

5
Second Ward
17.11 Months of Inventory
Second Ward shows signs of struggle with just over 17 months of inventory. 88 homes are currently listed, and 35 sold during the period. Despite an average sale price of $416,555, properties tend to be on the market for 83 days.

Available Homes:

94

Homes Sold:

35

Average Sold Price:

$417k

Average Days to Sell:

83

Average Discount:

4%

6
Galveston Island
15.88 Months of Inventory
Galveston Island, a popular tourist destination, has nearly 16 months of inventory. It has 785 active listings with 341 sold during the period. The average home price here is $358,957, and properties stick around for an average of 102 days.

Available Homes:

842

Homes Sold:

341

Average Sold Price:

$359k

Average Days to Sell:

102

Average Discount:

7%

7
Brookshire
14.64 Months of Inventory
Brookshire rounds up with nearly 15 months of inventory. With 46 active listings and 22 sold during the period, homes average $306,886 and typically find buyers within 63 days, reflecting relatively shorter market times.

Available Homes:

47

Homes Sold:

22

Average Sold Price:

$307k

Average Days to Sell:

63

Average Discount:

7%

8
Livingston
13.78 Months of Inventory
Livingston shows about 14 months of inventory and has 63 active listings, with 32 homes sold during the period. The lower average sale price of $231,482 and average DOM of 68 days highlight a slightly faster-paced market than the top regions.

Available Homes:

64

Homes Sold:

32

Average Sold Price:

$231k

Average Days to Sell:

68

Average Discount:

9%

9
Greater OST-South Union
13.50 Months of Inventory
Greater OST-South Union has around 14 months of inventory with 189 active listings and 95 sales during the period. Homes here are more moderately priced, averaging $248,504, and they stay on the market for about 84 days.

Available Homes:

215

Homes Sold:

95

Average Sold Price:

$249k

Average Days to Sell:

84

Average Discount:

6%

10
Huffman
13.02 Months of Inventory
Huffman rounds out the top ten with just over 13 months of inventory. It has 93 active listings and 50 sold during the period. The average sale price is $319,375, and homes take around 110 days to sell.

Available Homes:

99

Homes Sold:

50

Average Sold Price:

$319k

Average Days to Sell:

110

Average Discount:

7%

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.