Neighborhood Profile

Memorial

Houston, TX | Harris County
Scored premium profile
Best Neighborhoods USA Index
65.0
National rank: #2,475 of 14,967
Stability and Strength
63.5
Score
Value Opportunity
47.7
Score
Momentum
91.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationHouston, TX
CountyHarris County
National rank#2,475 of 14,967
State rank#191 of 1,241
City rank#2 of 87
County rank#3 of 88
National percentile83.5
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$907,440
Year-over-year home value change6.2%
Month-over-month home value change0.79%
Home value to income ratio9.43
Median household income$96,221
Bachelor's degree or higher69.8%
Civilian unemployment rate2.8%
Homeownership rate52.2%
Housing vacancy rate9.9%
Rent burden 30% or higher47.2%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Memorial

What is the Best Neighborhoods USA ranking for Memorial?

Memorial is ranked #2 of 87 eligible neighborhoods in Houston; #191 of 1,241 eligible neighborhoods in TX; and #2,475 of 14,967 eligible neighborhoods in the United States.

Is Memorial one of the best neighborhoods in Houston?

Memorial has a Best Neighborhoods USA Index of 65.0 and a city ranking of #2 of 87 eligible neighborhoods in Houston.

How much are homes worth in Memorial?

The current Zillow Home Value Index for Memorial is approximately $907,440.

Are home values rising or falling in Memorial?

Zillow neighborhood values changed 6.2% year over year and 0.79% month over month.

What is the Neighborhood Momentum Score for Memorial?

Memorial has a Neighborhood Momentum Score of 91.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Memorial?

The NDS-derived neighborhood median household income is approximately $96,221.

How affordable is Memorial relative to household income?

The current Zillow home-value-to-household-income ratio is 9.43. Price-to-income affordability is a major Value Opportunity input.

Is Memorial primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 52.2%.

What is the unemployment rate in Memorial?

The NDS-derived civilian unemployment rate is approximately 2.8%.

How educated are residents of Memorial?

Approximately 69.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Memorial face high rent burden?

Approximately 47.2% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Memorial?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications1,271
Estimated originations734
Home-purchase applications754
Origination rate57.7%
Home-purchase share59.3%
Average application loan$568,656
Total application loan amount$723,001,471
National application rank#115 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.1% YoY; originations 2.3% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.

Texas Current Housing Market

Current housing market in Memorial

A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.

189
Active listings observed
$375,000
Median asking price
$195.44
Median asking price / sq. ft.
80.0
Median days on market
2,072 sq. ft.
Median home size
Observed asking-price range: $93,000 to $7,750,000 Newest listing observed: 2026-09-17 19:00:00-05:00
How this current-market geography is determined

Coverage basis: Exact neighborhood matches plus strong Census Block Group associations.

183 exact polygon matches; 6 strong supplemental associations. Exact Zillow polygon membership and supplemental Census Block Group association remain separate in the governed data. Supplemental associations are not represented as exact Zillow polygon membership.

Current listing observations are separate from BestNeighborhoodsUSA rankings and do not change neighborhood scores, ranks, historical Zillow trends, Census measures, or HMDA mortgage intelligence.