The median sales price for homes increased by 10% in Houston and 16% across Harris County, according to a study by the Kinder Institute for Urban Research.
released in June says local housing prices have skyrocketed, with the median sales price in Houston nearing $350,000 in 2021. Their study shows the median sales price increased by 10% in Houston and 16% across Harris County.
"There's a huge number of folks in Houston that pay more than 50% and so you can imagine what that leaves for all of the other things you need. The problem is really dire," Cox explained. "Unless we find a way to build more housing and make it so that it's faster, more efficient, obviously make sure that it's safe, the situation is only going to get exponentially worse," Nicole Nosek, the chair for Texans for Reasonable Solutions, said.
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