Featured neighborhood: Summerwood, 77044

Located near the intersection of West Lake Houston Parkway and Beltway 8, Summerwood is a master-panned community with amenities that include two clubhouse facilities, two pools, a splash pad, tennis courts, and several trails and parks.

Median home value: $400,000

Homes on the market: 3*

Homes under contract: 7*


Median annual property taxes: $8,416

Median price per square foot: $135.25

Average days on the market: 34*

*As of June 1


Build-out year: 2005

HOA dues (estimated): $525-$965 annually (varies by section)

Schools: Summer Wood Elementary School, Centennial Elementary School, Woodcreek Middle School, Summer Creek High School

Property taxes (in dollars):


Humble ISD - 1.2929

Harris County - 0.34373

Harris County Flood Control District - 0.03055

Port of Houston - 0.00799


Harris Health System - 0.14831

Harris County Department of Education - 0.0049

Total (per $100 valuation): 1.83838**

**Total does not include community college or municipal utility district tax rates as those vary by section


Year-over-year market data: May

Data shows most Lake Houston-area ZIP codes had fewer homes sell this May than in May 2022, with the exception of 77338, which saw an increase. Meanwhile, the median home sales price rose across most ZIP codes with the exception of 77044, 77339 and 77345, which experienced drops. ZIP code 77396 saw the largest percentage jump at more than 25%.