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Greater Hobby Area

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$272K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
18
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$266K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201720182019202020232026
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
201720182019202020232026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201720182019202020232026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
201720182019202020232026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201720182019202020232026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201720182019202020232026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201720182019202020232026
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
201720182019202020232026
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
201720182019202020232026
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
201720182019202020232026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
20162018201920212022202320252026

Housing Stock

HomesHow many homes we have records for in this area.5,664
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$266K
Median sizeThe middle home size here, measured in square feet.1,569 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1984
Single familyThe share of homes here that are single-family houses.85%
CondosThe share of homes here that are condos.2.0%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.65%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0.9%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.79%
Company ownedThe share of homes owned by a company or trust instead of a person.8.3%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.37%
Typical ownership tenureHow long the typical owner here has held their home.20.3 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.85
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.24

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.6.6%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.24,902
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,065 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$58K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77K
Average tempThe average temperature here across a full year.69°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Greater Hobby Area compares

By median home value, Greater Hobby Area is the 92nd most expensive of 160 neighborhoods in Harris County, and its typical home is worth more than 42% of all homes in Harris County.

Home values in Greater Hobby Area

Share of homes at each estimated value.

Median
$133K$534K
neighborhoods in Harris County ranked by median home value
#Harris CountyMedian valueHomes
1River Oaks$2.7M2,864
2The Memorial Villages$2.4M6,541
3Southside Place$2.2M501
4West University Place$1.8M5,418
5University Place$1.2M5,059
6Bellaire$1.1M6,210
7Afton Oaks$1M2,627
8Creekside Park$910K5,682
9Memorial$864K14,868
10Montrose$688K10,639
11Greenway / Upper Kirby Area$675K4,791
12The Preserve$675K245
13Towne Lake$668K4,536
14Greater Heights / Houston Heights$650K19,168
15Cypress Creek Lakes$638K2,306
16Braeswood$592K5,696
17Lazybrook / Timbergrove$586K4,224
18Augusta Pines$584K2,889
19Auburn Lakes$575K1,352
20Spring Branch East$554K7,069
21Bridgeland$544K10,757
22Museum Park$526K1,880
23Green Trails$524K2,140
24Washington Avenue Coalition / Memorial Park$506K13,609
92Greater Hobby Area$266K5,664

160 neighborhoods in Harris County are ranked; the most valuable are listed here.

About the Greater Hobby Area market

What is the median home price in Greater Hobby Area, TX?

The median sale price in Greater Hobby Area, TX is $271,896 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Greater Hobby Area, TX each year?

18 homes sold in Greater Hobby Area, TX over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Greater Hobby Area, TX?

Greater Hobby Area, TX contains 5,664 residential properties, with a median of 1,569 square feet, 3 bedrooms, built around 1984. The median TopHap Estimate is $266K.

How does Greater Hobby Area, TX compare to the rest of Harris County?

By median home value, Greater Hobby Area, TX is the 92nd most expensive of 160 neighborhoods in Harris County. Its typical home is worth more than 42% of all homes in Harris County. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Greater Hobby Area, TX?

79% of homes in Greater Hobby Area, TX are owner-occupied. 8% are held by a company rather than an individual.

How much equity do owners in Greater Hobby Area, TX hold?

65% of mortgaged homes in Greater Hobby Area, TX are equity-rich, meaning the loan balance is under half the home's value. 0.9% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Greater Hobby Area on the map

See every recorded sale, price heat map, school zone and flood overlay across Greater Hobby Area in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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