DATA: Home sales skyrocket in Greater Heights ZIP codes year over year

The Heights, River Oaks and Montrose area—as covered by the 77006, 77007, 77008, 77019 and 77098 ZIP codes—saw increases across the board in the number of homes sold and the average price of homes sold between June 2020-May 2021 when compared to the previous 12 months. Two ZIP codes covering the Greater Heights area and Washington corridors, 77007 and 77008, saw especially large upswings in the total number of homes sold during that time.

Meanwhile, the average number of days a home spent on the market fell in most ZIP codes in the area, rising only in the 77098 ZIP code.

Total number of homes sold


The total number of homes sold in the 77008 ZIP code, which covers Lazybrook/Timbergrove and Greater Heights, jumped by more than 40%, rising from 963 homes sold between June 2019-May 2020 to 1,358 sold between June 2020-May 2021. However, significant increases in homes sold were seen across all five ZIP codes. The Midtown area saw a 27.2% increase in homes sold, which was the smallest increase percentage-wise of the five ZIP codes. Homes sold in the Montrose and River Oaks area increase by more than 60%.



Average home sales price


The average price of homes sold also increased in all five ZIP codes when comparing the June 2019-May 2020 and June 2020-May 2021 periods. The average price increased by more than $70,000 in both the 77006 and 77098 ZIP codes, which cover the Midtown area and parts of Upper Kirby and Montrose, respectively.


Home prices were by far the most expensive in the 77019 ZIP code, which still saw an increase in excess of $60,000.


Average days on market


On top of more homes selling and homes selling at higher prices, the amount of time a home spends on the market is also declining in at least four of the Heights-River Oaks-Montrose-area ZIP codes. The average number of days a home spent on the market fell by more than 10 in the 77006 ZIP code, but drops were more moderate in the Heights.

Homes took longer to sell in the June 2020-May 2021 timeframe in the 77098 ZIP code, rising by 32.7% when compared to the previous 12-month period.


MOST RECENT

From 9 p.m. July 30 until 5 a.m. Aug. 1, traffic going northbound from Franklin St. to Hogan/Crockett St. will be diverted to I-10. (Courtesy Adobe Stock)
Section of I-45 to be closed this weekend due to bridge maintenance

From 9 p.m. Friday until 5 a.m. Sunday, traffic going northbound from Franklin St. to Hogan/Crockett St. will be diverted to I-10.

Houston ISD is slated to receive more than $1.1 billion in federal coronavirus relief funding. (Community Impact staff)
See how Houston ISD wants to spend $1.1 billion in federal coronavirus relief funding

From hiring more counselors to teacher retention stipends, HISD administrators outlined plans at a July 28 public meeting.

A rendering of the Wyld Chld nightclub that will open in the Washington Corridor in the fall. (Courtesy Sekai Hospitality)
Sekai Hospitality eyeing fall opening for new Washington Corridor boutique nightclub

New York designer Marc Dizon will bring the new nightclub’s aesthetic to life.

School supplies will be exempt from the 8.25% sales tax Aug. 6-8. (Courtesy Adobe Stock)
What to know before the statewide tax-free weekend Aug. 6-8

Customers will not have to pay the standard 8.25% sales tax on select clothing, footwear, school supplies and backpacks under $100.

The Metropolitan Transit Authority of Harris County is still in the early stages of a new METRORapid line, but officials discussed preliminary paths and station locations at a July 27 meeting of the Neartown Association. (Courtesy METRO)
METRO officials have high hopes for connectivity of planned University rapid bus line

“The way that it can transform how people make trips in the region is going to be mind-boggling.”

Houston Firefighters
Appeals court rules in favor of union in longstanding Houston firefighters pay parity case

The measure, known as Proposition B, requires Houston firefighters to receive the same pay as Houston police officers of comparable rank. 

Main Chick Hot Chicken opened its first brick-and-mortar location July 23 in Sugar Land. (Courtesy Main Chick Hot Chicken)
Main Chick Hot Chicken opens in Sugar Land; Urban Bird Hot Chicken coming to Cy-Fair and more Houston-area news

Read the latest business and community news for the Houston area, including two new chicken restaurants.

Houston-area residents will be able to apply online for a one-time payment of $1,500 from July 28-Aug. 11. (File photo)
$30M COVID Relief Fund opens for Harris County residents as eviction moratorium ends

Sourced by funding from the American Rescue Plan Act, eligible residents will receive a one-time payment of $1,500 to support urgent needs.

The CDC reversed its masking guidance for fully vaccinated individuals in response to the transmissibility of the delta variant of COVID-19 in a press conference July 27. (Community Impact Newspaper staff)
NEW CDC GUIDANCE: All individuals should wear masks in K-12 schools, including those who are fully vaccinated

The new CDC guidance, announced July 27, also recommends people in areas with "high" or "substantial" levels of transmission wear masks regardless of vaccination status.

Historic preservation dispute complicates embattled Hurricane Harvey recovery program

Progress on home reconstructions in some areas has stalled or moved forward with a different style and sometimes smaller layout than the homes had prior to the storm.

(Community Impact Newspaper staff)
Texas Medical Center coronavirus updates: Average testing positivity rate nears 10% after sharp increase

Over 97% of people nationwide who are being hospitalized because of the disease are unvaccinated.