Investor-grade market analytics for Houston-The Woodlands-Sugar Land, Texas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$308,933
-2.1% year-over-year
6.4%
gross annual
-5.9%
base case (Zillow ZHVF)
-5.9% year-over-year
Migration: Top 0% nationally
In-migrants avg $78,910 AGI vs out-migrants $88,238
Opportunity Zone Market
71 ZIP codes in Houston-The Woodlands-Sugar Land are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Houston-The Woodlands-Sugar Land, TX is experiencing a correction with -2.1% year-over-year decline, signaling a buyer's market with softening demand. Affordability remains favorable with a price-to-income ratio of 3.84x, below the national average of 4.8x. Strong net positive migration (+10,350 returns/year) reflects sustained population inflows driving housing demand. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 6.4% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Houston-The Woodlands-Sugar Land, TX's primary climate exposure is tornadoes (72/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.