The Texas Medical Center housing market is not very competitive. The median sale price of a home in Texas Medical Center was $530K last month, up 8.2% since last year. The median sale price per square foot in Texas Medical Center is $316, down 21.8% since last year.
What is the housing market like in Texas Medical Center today?
In October 2024, Texas Medical Center home prices were up 8.2% compared to last year, selling for a median price of $530K. On average, homes in Texas Medical Center sell after 67 days on the market compared to 58 days last year. There were 9 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$530,000
+8.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Texas Medical Center, TX
$530,000
+8.2%
United States
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How hot is the Texas Medical Center housing market?
Texas Medical Center is not very competitive. Homes sell in 101 days.
0
100
24
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 101 days.
Hot homes
can sell for about 1% below list price and go pending in around 28 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Texas Medical Center, TX
97.7%
+1.2 pt
United States
Schools in Texas Medical Center
Learn about schools in the Texas Medical Center area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Texas Medical Center housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Texas Medical Center.
Flood Factor - Major
82% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Texas Medical Center has a major risk of flooding. 152 properties in Texas Medical Center are likely to be
severely affected
by flooding over the next 30 years. This represents 82% of all properties in Texas Medical Center. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Texas Medical Center has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Texas Medical Center is most at risk from hurricanes. 351 properties in Texas Medical Center have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 141 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 148 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Texas Medical Center has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Texas Medical Center have an Extreme Heat Factor®.
Texas Medical Center is expected to see a 228% increase in the number of days over 109ºF over the next 30 years. Texas Medical Center is expected to experience 6