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    The price is right

    Houston boasts the best home values among major U.S. metros, according to new report

    John Egan
    Mar 4, 2020 | 9:00 am
    1323 North Blvd house for sale Houston
    In Houston, you can get the most house for the buck among the country’s biggest metro areas.
    Photo by TK Images

    In Houston, you can get the most house for the buck among the country’s biggest metro areas, a new study shows.

    The study, recently published by Austin-based online insurance marketplace The Zebra, indicates you can purchase a 1,935-square-foot home in the Houston metro area at the U.S. median sale price. In 2019, that price was $239,900, according to Zillow data analyzed by The Zebra.

    The study calculated how much square footage you can afford in the 10 largest metros in the U.S., based on Zillow’s calculations for median home price per square foot.

    In 2019, the median price of a single-family home in the Houston area was $245,800, up from $238,800 in 2018, according to the National Association of Realtors. A record 86,205 single-family homes were sold across the Houston area in 2019, up 4.8 percent from the previous record of 82,229 in 2018, the Houston Association of Realtors says.

    “It’s great to see Houston at the top of this study, as the Bayou City has been one of the most of the most affordable cities in the United States,” says Paige Martin, leader of the Houston Properties Team at Keller Williams Realty. “The Houston metro area is adding more residents each year than the entire population of Pittsburgh. A big reason for that is the cost of living is so much lower than other major cities in the U.S.”

    In terms of large houses, Martin continues to see high demand for bigger properties from a lot of homebuyers, particularly millennials and Generation Y members.

    “These homebuyers typically grew up in smaller homes than what they’re seeking now,” she says, “and they’re drawn to the benefits of every child having their own bedroom, designated play areas, and large and expansive kitchens for family gatherings and entertainment.”

    “Fortunately, Houston can accommodate this,” Martin adds, “as the city is blessed with so many top-ranked suburbs that have low land costs.”

    Meanwhile, Dallas is No. 3 on the list. In 2019, the median price of a single-family home in Dallas-Fort Worth was $268,000, up from $260,000 the previous year, according to the National Association of Realtors. In a report covering January 2020, the MetroTex Association of Realtors said year-over-year sales of single-family homes were up 21 percent, while the total dollar volume climbed 32 percent to nearly $1.98 billion.

    In December, Realtor.com predicted home prices in Dallas-Fort Worth would decline 0.5 percent this year compared with 2019.

    “The North Texas housing market has come off of several record-breaking years,” Cathy Mitchell, 2019 president of the MetroTex Association of Realtors, said in December. “A slight self-correction in the market compared to what we have experienced the last few years was expected and could prove to be beneficial in balancing our market with more quality inventory.”

    In The Zebra’s study, here’s how the mega-metros stack up in terms of how much square footage you can purchase at the U.S. median home price:

    1. Houston, 1,935 square feet
    2. Atlanta, 1,817 square feet
    3. Dallas-Fort Worth, 1,726 square feet
    4. Philadelphia, 1,589 square feet
    5. Chicago, 1,463 square feet
    6. Miami, 1,043 square feet
    7. Washington, D.C., 1,012 square feet
    8. Boston, 789 square feet
    9. Los Angeles, 540 square feet
    10. New York City, 361 square feet

    “New York, L.A., and Boston may not be enough elbow room for you, but Houston, Atlanta, and Dallas will get you the most bang for your buck,” The Zebra says.

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    news/real-estate

    income news

    This affluent Houston neighbor is America's 2nd wealthiest suburb

    Amber Heckler
    Sep 3, 2026 | 1:00 pm
    West University Place, Houston, Texas
    City of West University Place, TX - City Government / Facebook
    West University Place is the fourth best suburb for house renters in Texas.

    West University Place has long been considered Houston's richest suburb, and a new study has revealed this affluent enclave has climbed to the top to become the second wealthiest in America.

    The report from GoBankingRates, called "America’s Wealthiest Suburbs Today Compared to 10 Years Ago," tracked the average household income across the nation's 50 wealthiest suburbs from 2014 to 2024. Cities had to have at least 5,000 households and be part of a large metro area to qualify. Income data was sourced from the Census Bureau.

    In the new report, West University Place moved up one spot to become the second richest American suburb after ranking third for two consecutive years. Its current ranking is also two spots higher than where it ranked in 2016, at No. 4 nationwide.

    The findings also confirm that its residents have certainly become richer over time. According to Census Bureau data, West U. households made $294,723 in average income 2014, which has since surged to $439,594 in 2024.

    One more Houston neighbor, Bellaire, also appears among the 50 wealthiest American suburbs. Bellaire now ranks 18th, up from No. 23 last year. Bellaire households made $335,492 on average as of 2024, up from $226,295 in 2014.

    Of course, calling either city a "suburb" is sort of absurd, as the late Ken Hoffman hilariously argued in a 2024 column. "A little research or even a phone call would have told them that neither West U nor Bellaire is a suburb. Both are fully independent cities that are completely surrounded by Houston on all sides," Hoffman wrote.

    Other affluent suburbs in Texas
    Dallas-Fort Worth neighbors University Park, Southlake, and Colleyville are also named among the top 50 wealthiest American suburbs for 2026.

    University Park maintains its elite status as the sixth wealthiest suburb in America for the third year in a row. Households made $407,253 on average in total annual income in 2024, up from $254,422 in 2014.

    Southlake is the country's eighth wealthiest suburb for 2026, up from No. 16 in 2016. Average household income in this bustling city has grown from $232,034 in 2014 to $384,530 as of 2024, for a growth rate of about 66 percent.

    Colleyville, meanwhile, has dropped down the list of the wealthiest suburbs over the last 10 years. It currently ranks 46th but previously ranked 28th in 2016. Average household income in this particular DFW city has increased 35 percent, from $205,828 to $277,720 in 2024.

    The top 10 wealthiest suburbs in America in 2026 are:

    • No. 1 – Scarsdale, New York
    • No. 2 – West University Place, Texas
    • No. 3 – Rye, New York
    • No. 4 – Los Altos, California
    • No. 5 – Paradise Valley, Arizona
    • No. 6 – University Park, Texas
    • No. 7 – Alamo, California
    • No. 8 – Southlake, Texas
    • No. 9 – McLean, Virginia
    • No. 10 – Orinda, California
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