Houston Real Estate Rankings

Top 10 Major Markets in HoustonLowest Inventory Supply

Here's your front-row seat to the hottest markets in Houston as of September 2024! These rankings are based on the last six months, with the tightest inventory leading the charge. Each market’s been on fire, battling it out with limited properties available for the eager buyers out there.
Statistics calculated from from March 13, 2024 to September 09, 2024
1
Ellington
3.93 Months of Inventory
Ellington tops the list with just 4 months of inventory. With 106 homes sold and an average price tag of $343,224, it’s been a competitive scene over the past six months.

Available Homes:

63

Homes Sold:

106

Average Sold Price:

$343k

Average Days to Sell:

52

Average Discount:

2%

Ellington Statistics and TrendsAvailable Homes
2
Jersey Village
3.96 Months of Inventory
Coming in second, Jersey Village boasts only 4 months of inventory too. During the period, it saw 112 home sales averaging $359,470, and a quick turnaround with 46 days on market.

Available Homes:

68

Homes Sold:

112

Average Sold Price:

$359k

Average Days to Sell:

46

Average Discount:

2%

Jersey Village Statistics and TrendsAvailable Homes
3
South Katy
4.07 Months of Inventory
South Katy, well-known for its family-friendly atmosphere, ranked third with 4 months of inventory. With a whopping 1,559 homes sold, averaging $557,139, and just 36 days on market, it’s clear why this area is in high demand.

Available Homes:

992

Homes Sold:

1,559

Average Sold Price:

$557k

Average Days to Sell:

36

Average Discount:

2%

South Katy Statistics and TrendsAvailable Homes

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4
Deer Park
4.13 Months of Inventory
Deer Park, known for its charming suburban feel, holds forth place with 4 months of inventory. It had 155 home sales, averaging $300,235, and kept buyers engaged with a 51-day average on market.

Available Homes:

95

Homes Sold:

155

Average Sold Price:

$300k

Average Days to Sell:

51

Average Discount:

2%

Deer Park Statistics and TrendsAvailable Homes
5
Spring-Woodlands
4.29 Months of Inventory
Spring-Woodlands, a magnet for both families and professionals, saw 4 months of inventory. With the highest number of active listings at 1,405 and 2,272 homes sold averaging $596,127, it’s a bustling hotspot with 50 days on market on average.

Available Homes:

1,504

Homes Sold:

2,272

Average Sold Price:

$596k

Average Days to Sell:

50

Average Discount:

3%

Spring-Woodlands Statistics and TrendsAvailable Homes
6
Stafford
4.29 Months of Inventory
Stafford rounds up the list with 4 months of inventory, offering affordability with 109 sales averaging $238,274 and about 49 days on market during the period.

Available Homes:

73

Homes Sold:

109

Average Sold Price:

$238k

Average Days to Sell:

49

Average Discount:

4%

Stafford Statistics and TrendsAvailable Homes
7
Friendswood
4.48 Months of Inventory
Friendswood, known for its excellent schools, shows 4 months of inventory. It saw 462 home sales averaging $482,503, keeping competitive with 49 days on market.

Available Homes:

319

Homes Sold:

462

Average Sold Price:

$483k

Average Days to Sell:

49

Average Discount:

4%

Friendswood Statistics and TrendsAvailable Homes
8
Baytown
4.48 Months of Inventory
Baytown also shares the 8th spot with 4 months of inventory. Popular for its industrial roots and reasonable prices, it recorded 710 sales averaging $254,279, with homes sitting for 60 days on market.

Available Homes:

492

Homes Sold:

710

Average Sold Price:

$254k

Average Days to Sell:

60

Average Discount:

6%

Baytown Statistics and TrendsAvailable Homes
9
Pearland
4.55 Months of Inventory
Pearland, with its blend of suburban and urban perks, had 5 months of inventory. Over the period, 1,158 homes were sold, averaging $401,247, with a market average of 52 days.

Available Homes:

805

Homes Sold:

1,158

Average Sold Price:

$401k

Average Days to Sell:

52

Average Discount:

3%

Pearland Statistics and TrendsAvailable Homes
10
Pasadena
4.68 Months of Inventory
Pasadena, Texas' strawberry capital, lands the 10th position with 5 months of inventory. During this timeframe, it moved 254 homes with an average price of $229,721, and properties stayed on market for 51 days.

Available Homes:

183

Homes Sold:

254

Average Sold Price:

$230k

Average Days to Sell:

51

Average Discount:

5%

Pasadena Statistics and TrendsAvailable Homes

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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.

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