New Downward Trend in Price Cuts for South Houston Real Estate Market

Sales in the South Houston market remained level with one home sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. The median sales price remained unchanged over the latest reporting period for South Houston, coming in at $96,439. With no movement in sales and the availability of 11 months of inventory, South Houston is a definite buyer's market.

Still haven't found the right home in South Houston? One of these new listings could end the search:

$175K   $239K   $128K  

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Demographic facts about South Houston:

  • 51.5% of the people in this area are homeowners.
  • The one-year job growth rate in this area is 1.93%.
  • For every teacher there are 15.8 students in this area. (15.3 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Realty Pros of Texas
Snapped 3 homes in this area
ZipRealty Inc 281-685-9326 (kelvin.okunonke@ziprealty.com)http://www.ziprealty.com/agent/kokunonke?referredByAgent=kokunonke
Snapped 1 home in this area

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