Bellaire - Meyerland - West University | May 2023

REAL ESTATE

Featured Neighborhood Featured neighborhood

SOUTHERN OAKS, 77025 Southern Oaks is a community of 240 single-family homes along Brays Bayou in the southwest quadrant of Houston’s Inner Loop. The Weekley Family YMCA and the Stella Link Branch library can be found less than 1 mile to the west.

YEAROVERYEAR MARKET DATA: MARCH The total number of homes sold was lower in four of ve local ZIP codes in March when compared to March 2022, rising slightly in the 77005 ZIP code. Meanwhile, the median price of homes sold was higher in four ZIP codes when comparing those months, falling in the 77030 ZIP code. 77096 77401 610

59

77005

Median home value $1,384,672

77030

W. HOLCOMBE BLVD.

BUFFALO SPEEDWAY

77025

288

Homes on the market* 3 Homes under contract 1

90

NUMBER OF HOMES SOLD

N

77005

77025

77030

77096

77401

Year

N

N. BRAESWOOD BLVD.

2022 2023

27

42

11

53

30

Build-out year: 2014 Square footage range: 4,000-7,000 Schools: Twain Elementary School, Pershing Middle School, Lamar High School Property taxes (in dollars): Houston ISD 1.0372 City of Houston 0.53364 Harris County 0.34373 Harris Health System 0.14831 Houston Community College 0.09557 HC Flood Control District 0.03055 Port of Houston Authority 0.00799 HC Department of Education 0.0049 Total (per $100 valuation) 2.20189

30

30

6

38

20

Average days on the market* 62 Median annual property taxes** $29,311 Median price per square foot $368.26

MEDIAN PRICE OF HOMES SOLD

WITH YEAROVERYEAR PERCENTAGE CHANGE

2022

2023

77005

77025

77030

77096

77401

Sale price

+15.3%

$1.8M

+33%

$1.5M

23.9%

$1.2M

*AS OF APRIL 1 **BASED ON MEDIAN PRICE OF HOMES SOLD IN PAST YEAR; EXEMPTIONS NOT INCLUDED

$900K

+15.9%

+2.7%

$600K

NEIGHBORHOOD DATA PROVIDED BY ALINA ROGERS SPARROW REALTY • 2819612944 SPARROW_REALTYYAHOO.COM WWW.SPARROWREALTY.COM

$300K

$0

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BELLAIRE  MEYERLAND  WEST UNIVERSITY EDITION • MAY 2023

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