Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (2024)

The top 20 most expensive neighborhoods in Houston

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (1)

Houston boasts some of the wealthiest neighborhoods in the country, many of which consistently make the top lists. To determine this year's most exclusive areas, we analyzed over 400,000 home sales in the past decade.

We noticed some interesting trends among the top luxury neighborhoods:
- Nearly all are zoned to Houston's Best Schools;
- Most close-in areas are also some of Houston's Most Accessible Neighborhoods;
- Most suburban areas are secured enclaves within Houston's Best Suburbs.

To learn more about these exclusive areas, including their land and real estate value appreciation, accessibility, and school zoning, contact Paige at [emailprotected].

The Houston Properties Team has helped 200+ public company officers and their families find their new home with unparalleled knowledge, discretion, and attention to detail.

Table of Contents

  1. Houston's Most Expensive Neighborhoods (Top 20)
  2. Suburban Houston Most Expensive Neighborhoods (Top 15)
  3. Methodology For Ranking Houston's Most Expensive Neighborhoods

Houston's Most Expensive Neighborhoods (Top 20)

AreaMedian Home PriceMedian Sales Price 10 Yr %
River Oaks Area$3,148,00049.9%
Bunker Hill$2,814,15024.8%
The Woodlands: Carlton Woods$2,800,00069.8%
Southside Place$2,194,00031.4%
Memorial Villages$2,158,50027.0%
Memorial Close In$2,135,00013.9%
Tanglewood Area$2,044,50027.9%
West University/Southside Area$1,876,00049.5%
Southampton$1,749,60545.8%
Spring Valley Village$1,502,50052.2%
Memorial Park$1,475,000-1.0%
Braeswood Place$1,325,00073.8%
Frostwood$1,300,00036.5%
Highland Village / Midlane$1,245,00056.6%
Southgate$1,234,48744.3%
Bellaire Area$1,230,00028.7%
Upper Kirby$1,216,73555.8%
Lakes of Parkway$1,185,0008.5%
Benders Landing$1,130,00073.8%
Briargrove$1,125,00038.9%

River Oaks Area

AreaMedian Home PriceMedian Sales Price 10 Yr %
River Oaks Area$3,148,00049.9%

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (3)

One of Houston’s most exclusive neighborhoods, River Oaks is centrally located within the Inner Loop. Deed-restricted and historic, the area features some of the most expensive homes in Bayou City.

River Oaks is well-known for its:

  • UPSCALE NEIGHBORHOOD: The neighborhood is a mix of 1920s and 1930s traditional homes, grand estates, luxury condos, and townhomes in gated communities. River Oaks is one of the most expensive Houston neighborhoods.

  • TOP-RANKED SCHOOLS: River Oaks homes are zoned to the Houston ISD. The area benefits from excellent schools, including River Oaks Elem and Lanier Middle. The community also has several premier private schools, such as St. John’s and River Oaks Baptist.

  • STRONG REAL ESTATE APPRECIATION: River Oaks is among the best Inner Loop neighborhoods in real estate appreciation. The neighborhood has posted impressive appreciation rates over the last 10 years.

  • PRIME LOCATION: River Oaks boasts an excellent location in Houston. The area provides easy access to Downtown, the Medical Center, and the Galleria. Major highways like Southwest Freeway, Loop 610, Katy Freeway, and I-45 surround the neighborhood.

River Oaks is home to the River Oaks Country Club Estates, one of Houston’s most affluent golf communities. The country club features a golf course, tennis courts, swimming pools, and a fitness center.

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (4)

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (5)

Bunker Hill

AreaMedian Home PriceMedian Sales Price 10 Yr %
Bunker Hill$2,814,15024.8%

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (6)

Bunker Hill Village sits at the westernmost part of the Memorial Villages, adjacent to Piney Point to the east and Hedwig to the north. The city's spacious luxury properties range from 15,000 sqft. to 50,000 sqft.

The area offers:

  • EXCLUSIVITY: The deed-restricted neighborhood is among Memorial Villages' six upscale independent cities. It has fire and police departments, which are shared with the nearby areas.

  • ACCESSIBILITY: Bunker Hill's main roads, like Memorial Drive and Gessner Road, go through the neighborhood. The Energy Corridor is only 6 miles west of the city, providing excellent access to various retail spots.

  • OUTDOOR AMENITIES: Bunker Hill Village boasts several open-air recreational amenities. The Houston Arboretum and Nature Center, along with several miles of trails and picnic areas within the Memorial Park, is only a couple of miles away.

The city is zoned to the highly-regarded Spring Branch ISD and is home to two National Blue Ribbon schools: Bunker Hill Elementary and Frostwood Elementary.

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (7)

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (8)

The Woodlands: Carlton Woods

AreaMedian Home PriceMedian Sales Price 10 Yr %
The Woodlands: Carlton Woods$2,800,00069.8%

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (9)

Carlton Woods is one of Houston's Most Expensive Neighborhoods. It features outdoor spaces and high-end amenities in one of Houston's Best Suburbs, The Woodlands.

Carlton Woods is known for its:

  • LOCK & LEAVE LIFESTYLE: One of Houston's Best Gated Communities, Carlton Woods features a 24-hour manned gate.

  • SIGNATURE GOLF COURSE: The Club at Carlton Woods features a Jack Nicklaus-signature golf course and boasts upscale amenities like clubhouses, gyms, pools, spas, and tennis courts.

  • GREEN SPACES: Carlton Woods residents can explore the serene parks and lakes surrounding the community. Bantam Woods Park and Terramont Park are less than two miles away. Additionally, Lake Woodlands is around five miles from the community.

Carlton Woods is also zoned to some of the best schools from the Conroe and Tomball ISDs, including Tough Elementary and Timber Creek Elementary. The John Cooper School, a highly-rated private school, is only a few minutes from the neighborhood.

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (10)

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (11)

Close In & Inner Loop Houston Most Expensive Neighborhoods (Top 15)

AreaMedian Home PriceMedian Sales Price 10 Yr %
River Oaks Area$3,148,00049.9%
Bunker Hill$2,814,15024.8%
Southside Place$2,194,00031.4%
Memorial Villages$2,158,50027.0%
Memorial Close In$2,135,00013.9%
Tanglewood Area$2,044,50027.9%
West University/Southside Area$1,876,00049.5%
Southampton$1,749,60545.8%
Spring Valley Village$1,502,50052.2%
Memorial Park$1,475,000-1.0%
Braeswood Place$1,325,00073.8%
Frostwood$1,300,00036.5%
Highland Village / Midlane$1,245,00056.6%
Southgate$1,234,48744.3%
Bellaire Area$1,230,00028.7%

Suburban Houston Most Expensive Neighborhoods (Top 15)

AreaMedian Home PriceMedian Sales Price 10 Yr %
The Woodlands: Carlton Woods$2,800,00069.8%
Lakes of Parkway$1,185,0008.5%
Benders Landing$1,130,00073.8%
Grand Lake Estates$987,500138.5%
*The Woodlands: East Shore$877,500-3.3%
Tiki Island$874,50092.6%
Avalon At Seven Meadows$870,00031.3%
Grand Harbor$850,00093.6%
The Woodlands: Sterling Ridge$835,00069.4%
The Woodlands: Creekside Park$779,00079.1%
Telfair$760,75046.9%
Riverstone$760,00058.2%
Weston Lakes$760,00081.0%
*Memorial West$734,50042.6%
Lake Pointe$662,5004.7%

The Woodlands: Carlton Woods

AreaMedian Home PriceMedian Sales Price 10 Yr %
The Woodlands: Carlton Woods$2,800,00069.8%

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (12)

Carlton Woods is one of Houston's Most Expensive Neighborhoods. It features outdoor spaces and high-end amenities in one of Houston's Best Suburbs, The Woodlands.

Carlton Woods is known for its:

  • LOCK & LEAVE LIFESTYLE: One of Houston's Best Gated Communities, Carlton Woods features a 24-hour manned gate.

  • SIGNATURE GOLF COURSE: The Club at Carlton Woods features a Jack Nicklaus-signature golf course and boasts upscale amenities like clubhouses, gyms, pools, spas, and tennis courts.

  • GREEN SPACES: Carlton Woods residents can explore the serene parks and lakes surrounding the community. Bantam Woods Park and Terramont Park are less than two miles away. Additionally, Lake Woodlands is around five miles from the community.

Carlton Woods is also zoned to some of the best schools from the Conroe and Tomball ISDs, including Tough Elementary and Timber Creek Elementary. The John Cooper School, a highly-rated private school, is only a few minutes from the neighborhood.

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (13)

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (14)

Lakes of Parkway

AreaMedian Home PriceMedian Sales Price 10 Yr %
Lakes of Parkway$1,185,0008.5%

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (15)

Lakes of Parkway is one of the Best-Gated Communities in Houston. Around 800 luxury homes and townhomes make up the neighborhood.

Lakes of Parkway is famous because of its:

  • PROXIMITY TO JOB CENTERS: Lakes of Parkway is 2.5 miles from Energy Corridor, awell-knownHouston job center.

  • TOP SCHOOLS: The Lakes of Parkway community is near Houston Independent School District (HISD), the biggest school district in Texas. Barbara Bush Elementary School serves the neighborhood and is ranked Best Schools in Houston.

  • ** TRANSIT ACCESSIBILITY:** The Lakes of Parkway neighborhood is close to Houston's public transit. Getting to the coast, the airport, the theater district, Downtown, and the museums is easy.

Lakes of Parkway is also near George Bush Park. The 7,800-acre park features a wide range of outdoor recreation options.

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (16)

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (17)

Benders Landing

AreaMedian Home PriceMedian Sales Price 10 Yr %
Benders Landing$1,130,00073.8%

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (18)

Benders Landing is a master-planned community about 30 minutes north of Downtown Houston. It features home sites by the lake and in the woods. This acreage community features a lot with at least one acre each.

Benders Landing is famous for its:

  • ACCESSIBILITY: Its location is minutes from The Woodlands. It offers easy access to shops, dining, and entertainment options. George Bush Airport is nearby via Hardy Toll Road and I-45. Plus, a short drive to ExxonMobil Campus.

  • GREAT COMMUNITY AMENITIES: Benders Landings has parks and a pavilion. Liberty Park has a basketball court, tennis courts, a playground, a gazebo, and a mile-long lake.

  • CUSTOM HOMES: Homes in Benders Landing feature unique architectural styles. Residents can customize homes on lots of one acre or more.

Municipal Utility District (MUD) taxes are no longer collected in Benders Landing. The neighborhood has quality deed restrictions to check and regulate development.

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (19)

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (20)

Methodology For Ranking Houston's Most Expensive Neighborhoods

  • The Houston Properties Team regularly reviews the richest neighborhoods in Houston, most expensive neighborhoods in Houston, and Houston's top luxury neighborhoods.
  • Our data is updated monthly.
  • Median home sale prices are based on single-family home sales, except for neighborhoods with a * where townhome and single family homes data is included. Townhomes are included in these communities because they make up a material percentage of the community sales.
  • Median land value prices are based on both homes sold at lot value and lot sales.
  • To qualify for this list, the neighborhood must have at least 15 home sales in the last year.
  • All median Houston home sale information was sourced by the HAR MLS database.
  • Data is deemed accurate but is not guaranteed. Information is provided for informational purposes only.
  • If you’d like to see any neighborhoods, master-planned communities or subdivisions added to this updated Houston's Richest Neighborhoods list, please let us know.

Best Houston Real Estate Resources

  • Houston Texas Zip Code Map | HoustonProperties
  • How To Avoid Buying In Houston's Flooded Zones
  • An Ultimate Guide to the Best Active 55+ Communities in Houston
  • Your Full Insider Guide to the Best South Houston Neighborhoods
Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties (2024)

FAQs

Top 20 Most Expensive Neighborhoods in Houston | HoustonProperties? ›

River Oaks is arguably one of the most affluent and iconic neighborhoods in Houston. Located near the heart of the city, River Oaks is known for its stately mansions, tree-lined streets, and exclusive atmosphere. The neighborhood exudes an air of sophistication and is a symbol of luxury living in Houston.

Where is the richest neighborhood in Houston? ›

River Oaks is arguably one of the most affluent and iconic neighborhoods in Houston. Located near the heart of the city, River Oaks is known for its stately mansions, tree-lined streets, and exclusive atmosphere. The neighborhood exudes an air of sophistication and is a symbol of luxury living in Houston.

Where is the most expensive place to live in Houston? ›

River Oaks

With a median home price of $2,301,345 and a median rent of $1,697, River Oaks is the most expensive neighborhood on our list. Based on the growth in home prices in River Oaks over the last 3 years, it ranks No. 1 among all the neighborhoods in Houston.

What neighborhood do celebrities live in Houston? ›

River Oaks, Memorial City and, of course, condos around Minute Maid Park are favorites among the home team, according to luxury agents
  • More: Houston Mansion With Versailles-Inspired Gardens Becomes the Area's First $20 Million-Plus Single-Family Home.
  • More: This $9.25 Million Houston Custom Build Comes With a Rolls-Royce.
Nov 1, 2022

What is the most luxurious neighborhood in Texas? ›

Highland Park, Dallas

Highland Park in Dallas is one of the richest neighborhoods in Texas. It's known for its beautiful, large homes and tree-lined streets. People who live here enjoy a very comfortable and luxurious lifestyle. Here you can find many famous parks in the USA where you can play or have a picnic.

Where do Texas millionaires live? ›

Houston, Dallas and Austin made the list of the top 10 U.S. cities with the most millionaires: Houston: 90,900 millionaires. Dallas: 68,600 millionaires.

What is the upper class in Houston? ›

An individual in Houston would need to bring in $131,000 per year to be considered rich. The pay disparity between the 90th and 10th percentile in the Houston metropolitan area is $125,000 – higher than the national average of $115,000.

Where did Beyoncé live in Houston? ›

We're familiar with Beyoncé as one of the biggest vocal forces in the music industry and beyond, but before her rise to fame, the mother of three was just a young girl in Houston with huge dreams. She grew up in a two-story, three-bedroom three-bathroom home on Rosedale Street.

What is the nicest area of Houston to live in? ›

9 Best Neighborhoods in Houston, TX
  • West University. Best for Families. ...
  • Midtown. Best for Young Professionals. ...
  • Memorial. Best for Young Families. ...
  • The Woodlands. Best for Outdoor Enthusiasts. ...
  • Houston Heights. Best for Older Adults. ...
  • Greater Uptown. Best for Those Who Love the City Life. ...
  • Bellaire. ...
  • Montrose.

Where do affluent African Americans live in Houston? ›

Houston's MacGregor Way is the main street of the richest, stateliest black neighborhood in Texas. The people who live there have made it.

What is the #1 wealthiest city in Texas? ›

Highland Park

With an average household income of $469,267, Highland Park in Dallas County is the wealthiest city in Texas, with at least 5,000 residents. This exclusive neighborhood is distinguished by its magnificent architecture, which has stately homes and old mansions along its charming lanes.

What's considered wealthy in Texas? ›

To be considered middle class in Texas, you'll need to earn between $44,865 and $133,926, according to 2023 data from SmartAsset. In order to move into the upper class, you'll likely need to earn more than $133,926.

What is the most upscale city in Texas? ›

Here's The List of The 10 Most Expensive Places To Live In Texas:
  • Highland Park.
  • University Park.
  • West University Place.
  • Bellaire.
  • Parker.
  • Terrell Hills.
  • Lucas.
  • Southlake.
Feb 6, 2024

Where do rich people hang out in Houston? ›

In this guide, we'll explore some of the top places in Houston where rich men hang out.
  • River Oaks District. ...
  • The Houstonian Hotel, Club & Spa. ...
  • Golf Clubs and Country Clubs. ...
  • Fine Dining Restaurants. ...
  • Galleria Mall. ...
  • The Petroleum Club of Houston. ...
  • Luxury Car Dealerships and Events. ...
  • Memorial Villages.

What is the poorest area of Houston? ›

At $27,500, the 77051 ZIP code — in the Sunnyside neighborhood — has the lowest median income. The ZIP code is 79.4% Black. And in Houston, these racial inequalities also extend to the Hispanic population, which is twice that of whites or Blacks.

What are the wealthiest zip codes in Houston? ›

What is the richest zip code in Houston? 77010, 77005, and 77401 are the richest zip codes in Houston.

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