Houston’s median home prices continue to rise

HOUSTON – This city is leading the way when it comes to rising home price listings despite plunging oil prices.

While the real estate bubble is still expected to bust, median list prices of homes in the Houston metro area are increasing more quickly than any other place in the state, research site FindTheHome reported.

Median list prices have increased 19.91 percent since last year, against 6.47 percent statewide, and 12.70 percent nationwide.

Local median list price is currently $266,927, according to FindTheHome, much higher than Texas’ $232,455 medial list price and the nation’s $231,543.

Also Read more at the Houston Chronicle.

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