According to a recent survey from the Houston Association of Realtors, home sales are booming in Houston-area neighbourhoods where property prices are still below the regional average.
As buyers prioritised affordability in the face of persistent economic difficulties, Brookshire and Waller emerged as the top communities in the Houston area during the first quarter of 2025, according to the Hottest Communities in the Houston Area study.
According to HAR’s March Housing Market Update, the average property price in each municipality that made the list was less than the $427,221 Houston-area average.
Where the demand for homes is rising?
With home sales increasing 167.7% over the same time last year, Brookshire experienced the biggest increase. The majority of the 83 residences that were sold were brand-new.
$319,034 was the average price of a home. For the entirety of 2024, Brookshire saw the largest percentage increase in home sales over the previous year in Greater Houston.
With a 74.6% increase in sales year over year, Waller came in second. Newly constructed homes accounted for over 80% of those transactions.
With a 73.2% rise in sales over the first quarter of 2024, Hockley came in second.
According to LPT Realty’s HAR Chair Shae Cottar, affordability is enabling many Houstonians to become homes.
“Given current economic conditions, Houston homebuyers are understandably prioritizing affordability,” Cottar said. “The communities on the list offer homes at price points that are attainable for a larger pool of buyers. This creates a pathway to homeownership for people who may have previously believed it was out of reach.”
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Luxury residences are also increasing
Although the largest gains are being driven by affordability, HAR also monitored growth in the luxury sector. The most sought-after luxury community was Garden Oaks, where activity for properties costing more than $1 million skyrocketed.
According to the data, there were 20 transactions in Garden Oaks during the first quarter of 2025, which is twice as many as there were during the same period the previous year. The neighborhood’s average home price was $1,025,113.
