Houston Real Estate Rankings

Top 10 Neighborhood Markets in HoustonLowest Inventory Supply

Houston's hottest real estate markets of mid-2024 are in, and we've ranked the top 10 based on the lowest months of inventory over the past six months. From the bustling streets of Downtown Conroe to the vibrant Spring 99 Corridor, these neighborhoods are seeing swift sales and dynamic activity. Let's dive into the details and see which areas are leading the charge in Houston's real estate landscape.
Statistics calculated from from March 13, 2024 to September 09, 2024
1
Downtown Conroe
2.77 Months of Inventory
Downtown Conroe steals the spotlight with the lowest months of inventory at just 3. With 113 active listings and 283 properties sold during the period, homes here fly off the market in an average of 42 days. It's a bustling hub with affordable options averaging $275,015.

Available Homes:

119

Homes Sold:

283

Average Sold Price:

$275k

Average Days to Sell:

42

Average Discount:

6%

2
Kelliwood-Nottingham
3.26 Months of Inventory
Next up is Kelliwood-Nottingham, boasting 3 months of inventory. This upscale neighborhood has 110 active listings and 234 homes sold within the timeframe, with properties averaging $517,562 and staying on the market for just 28 days.

Available Homes:

117

Homes Sold:

234

Average Sold Price:

$518k

Average Days to Sell:

28

Average Discount:

1%

3
The Woodlands
3.49 Months of Inventory
The Woodlands, known for its lush greenery and planned communities, ranks third with 3 months of inventory. Currently, there are 614 active listings, and 1,221 homes sold during the period, each averaging $716,409 and 46 days on the market.

Available Homes:

652

Homes Sold:

1,221

Average Sold Price:

$716k

Average Days to Sell:

46

Average Discount:

2%

4
Greenspoint
3.60 Months of Inventory
Greenspoint, an area buzzing with activity, slides into fourth place with 4 months of inventory. There are 72 active listings and 138 homes sold, with an average price tag of $235,776 and 44 days to sell.

Available Homes:

77

Homes Sold:

138

Average Sold Price:

$236k

Average Days to Sell:

44

Average Discount:

4%

5
Shadow Creek
3.73 Months of Inventory
Shadow Creek, a suburban favorite, finds itself fifth on the list with 4 months of inventory. With 97 active listings and 180 homes sold, properties here average $406,157 and move in 33 days.

Available Homes:

100

Homes Sold:

180

Average Sold Price:

$406k

Average Days to Sell:

33

Average Discount:

2%

6
Ellington
3.93 Months of Inventory
Ellington, known for its proximity to the airport and thriving commercial centers, has 4 months of inventory. There are 60 active listings and 106 sales recorded during the period, with homes averaging $343,224 and taking 52 days to sell.

Available Homes:

63

Homes Sold:

106

Average Sold Price:

$343k

Average Days to Sell:

52

Average Discount:

2%

7
Jersey Village
3.96 Months of Inventory
Jersey Village, a charming area with a small-town feel, shows 4 months of inventory. With 64 active listings and 112 homes sold, the average selling price is $359,470, and homes are listed for an average of 46 days.

Available Homes:

68

Homes Sold:

112

Average Sold Price:

$359k

Average Days to Sell:

46

Average Discount:

2%

8
Bellaire
4.05 Months of Inventory
Bellaire, a premium market known for its upscale properties, has 4 months of inventory. There are 95 active listings and 163 homes sold, with an impressive average price of $971,865 and an average of 60 days on the market.

Available Homes:

105

Homes Sold:

163

Average Sold Price:

$972k

Average Days to Sell:

60

Average Discount:

4%

9
Deer Park
4.13 Months of Inventory
Deer Park, with its suburban allure and 4 months of inventory, ranks ninth. There are 92 active listings and 155 homes sold, averaging $300,235 and taking 51 days to find new owners.

Available Homes:

95

Homes Sold:

155

Average Sold Price:

$300k

Average Days to Sell:

51

Average Discount:

2%

10
Spring 99 Corridor
4.14 Months of Inventory
Rounding out the top ten is the Spring 99 Corridor, characterized by its convenient access and family-friendly vibes, with 4 months of inventory. This market has 87 active listings and 146 sold properties, averaging $326,078 and 37 days on the market.

Available Homes:

98

Homes Sold:

146

Average Sold Price:

$326k

Average Days to Sell:

37

Average Discount:

3%

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.