Houston Trends & Statistics 2018-2019

In this section, you’ll learn about the top factors that make Houston one of the strongest real estate markets today, including: affordability, cash flow, and equity growth potential. Explore Houston’s housing market, population, and employment trends in the tabs to learn more.

Sources of information:

• https://factfinder.census.gov/
• https://www.zillow.com/houston-the-woodlands-sugar-land-metro-tx_r394692/home-values/
• https://www.deptofnumbers.com/employment/texas/houston/
• Real Wealth Network Affiliate Data

Houston is more affordable than many other U.S. markets today.

• In January 2018, the median price of 3 bedroom homes in Houston was $159,000. This is 21% lower than the national average of $202,000.
• In the neighborhoods where RWN members invest the median price of 3 bedroom homes in Houston was only $143,000, which is 29% lower than the national average.
• This shows us that real estate in Houston is more affordable than many other U.S. markets today. This is especially true in the Houston neighborhoods where Real Wealth Network members are investing today.

Houston offers investors a strong opportunity to generate passive monthly income.

• In January 2018 the median monthly rent for 3 bedroom homes in Houston was $1,440, which is 0.91% of the purchase price of $159,000. This is higher than the national purchase-to-rent ratio of 0.71%.
• In the neighborhoods where RWN members invest the median monthly rent 3 bedroom homes was $1,294 during this period. This is 0.90% of the purchase price of $143,000.
• This shows us that Houston offers investors a very strong opportunity to generate cash flow, at a significantly higher rent-to-purchase ratio than the national average.

Houston home values have been rising at a steady rate.

• In January 2012, the median price of 3 bedroom homes in Houston was $109,000. This means, in the last 7 years (Jan 2012 to Jan 2018), 3 bedroom homes in Houston have appreciated by 37%. During the same period, 3 bedroom home values increased by 41% nationwide.

Houston rents have been rising faster than other real estate markets across the nation

• Between January 2012 and January 2018, the average rent for 3 bedroom homes in Houston increased by 20%. Nationally, rents only increased by 17% during this period.
• This shows us that property values are appreciating a little slower than other markets across the nation, but rents are increasing at a faster rate. This is good news for investors interested in strong cash flow opportunities.

Houston’s population has been growing faster than the national average.

• Since 2010, Houston’s population has increased 16%. During the same period the national population grew by only 5%.
• This shows us that people are moving to Houston than other American cities, which is a good sign of a strong real estate market.

Houston is creating more jobs than many other U.S. cities today

• In the past year, the number of jobs in Houston has grown by 3.75% versus 1.71% nationally.
• This shows us that the number of jobs in Houston is growing faster than many other cities in America… a trend that is likely to continue in the coming years
• In fact, Houston was recently named one of the top cities for job creation in the nation; new research also confirms thatHouston has the sixth lowest cost of living in the nation

Houston is Affordable

• In the neighborhoods where RWN members invest the median price of 3 bedroom homes in Houston was only $143,000, which is 29% lower than the national average.
• This shows us that real estate in Houston is more affordable than many other U.S. markets today. This is especially true in the Houston neighborhoods where Real Wealth Network members are investing today.

Houston Offers Cash Flow Opportunities

• In the neighborhoods where RWN members invest the median monthly rent 3 bedroom homes was $1,294 during this period. This is 0.90% of the purchase price of $143,000.
• This shows us that Houston offers investors a strong opportunity to generate cash flow, at a significantly higher rent-to-purchase ratio than the national average.   

Houston is Appreciating & Rents are Rising

• In the last 7 years (Jan 2012 to Jan 2018), 3 bedroom homes in Houston have appreciated by 37%. During the same period, 3 bedroom home values increased by 41% nationwide.
• During the same period, the average rent for 3 bedroom homes in Houston increased by 20%. Nationally, rents only increased by 17% during this period.
• This shows us that property values are appreciating a little slower than other markets across the nation, but rents are increasing at a faster rate. This is good news for investors interested in strong cash flow opportunities.

Houston Has Steady Population Growth & Rapid Job Growth

• Since 2010, Houston’s population has increased 16% and in the last year the number of jobs grew by 3.75%
• This shows us that more people are moving to Houston than many other U.S. cities today… likely because they are attracted to the growing number of jobs available in the area.