There are approximately 3500 single family homes in the Houston Heights with an average sales price per sq. ft. of $191 in 2010. Since 1994, this figure has increased every year, even though the volume of homes sold declined in the "hard times housing market" of 2009 and 2010. The values were $182 in 2009, $176 in 2008, $164/sq ft. in 2006, $156/sq ft.in 2005 and $150/ sq ft. in 2004. These figures were obtained from the Houston Association of Realtors Multiple Listing Service, as are the others cited in this article.
As of 11/10/2011, there are currently 141 single family homes for sale in the Houston Heights ranging from a 3 bed/ 1.5 bath/ 2 car garage, 1692 sq. ft. home being sold mainly for the 6550 sq. ft. lot price of $140,000 to a 2007 built, 4484 sq. ft., 4 bed/ 3 full-2 half bath/ 2 car garage home on a 7500 sq. ft. lot priced at $1,150,000. The average list price per sq. ft. of the homes for sale is $207.20. Many of the homes for sale are recent construction ones on small lots but there are a good selection of older homes. Another 41 homes are under contract as of 11/10/2011, but haven't closed yet.
In October 2011, 17 single family homes sold ranging from a 2 bed/ 2 bath,1120 sq. ft. home on a 5500 sq. ft. lot which sold for $155,000 to a high of $965,000 for a new construction, 3953 sq. ft., 4 bed/ 3.5 bath/ 2 car garage home on a 6250 sq. ft. lot. The overall average sales price per sq. ft. was $197.19.
ZIP Code: 77008 Approximate Location Boundaries: Downtown Houston, Memorial Park, Oak Forest
Location Characteristics: This historical neighborhood, with a mixture of bungalow, Victorian homes, and new construction (as well as some industrial and commercial property) was originally established as a planned community in the late 1890s. The location was partially chosen because it was 23 feet higher than downtown Houston, located 4 miles away. In 1918, Houston Heights residents voted for annexation by the city of Houston.
The single family home market in the Houston Heights consists of older Victorian era homes, older bungalows, and new construction. Many of the older homes have been remodeled and over 100 Houston Heights structures are registered in the National Register of Historical Places. The newer construction consists of everything from contemporary designs to Victorian looking homes.
