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River Oaks Reigns Supreme in Houston's Housing Market

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Real Estate Agent with 281-804-2291 0549609

River Oaks Reigns Supreme in Houston's Housing Market

A recent study by American Home Shield has confirmed what many Houston residents already know: River Oaks is the city's most expensive neighborhood. Here's a breakdown of the top findings:

Affluent Abode: River Oaks

Clocking in at an average price of $481 per square foot, River Oaks remains the undisputed king of Houston's luxury market. Founded in the 1920s, this prestigious neighborhood has attracted celebrities and business titans for generations.

Following the Pack

Affordable Options

The study also identified Houston's most budget-friendly neighborhoods:

  • Westwood: This southwest Houston neighborhood takes the crown for affordability at $105 per square foot.
  • Greenspoint, Brays Oaks, Greater Inwood & Cypress Station: These areas round out the top five, ranging from $106 to $126 per square foot.

A Look at Broader Trends

This study aligns with similar recent reports on Houston's real estate market. CashNetUSA's analysis, based on Zillow listings, identified Hunters Creek Village, Piney Point, and Bunker Hill Village as the top three priciest neighborhoods (by average listing price).

Texas Tale of Two Cities

The study also offers a glimpse into housing affordability across the state. South Park in Jefferson County holds the title for Texas' most affordable neighborhood at $72 per square foot, while Northshore in Austin boasts the highest price tag at $1,189 per square foot.

 

Houston Gay Realtor Real Estate Agent

Leslie Don Wilson
Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
281-804-2291