| Context | Value |
|---|
| Location | Houston, TX |
| County | Harris County |
| National rank | #8,012 of 14,967 |
| State rank | #648 of 1,241 |
| City rank | #18 of 87 |
| County rank | #19 of 88 |
| National percentile | 46.5 |
| National band | MIDDLE_50_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $694,613 |
| Year-over-year home value change | -0.7% |
| Month-over-month home value change | -0.16% |
| Home value to income ratio | 6.80 |
| Median household income | $102,184 |
| Bachelor's degree or higher | 76.4% |
| Civilian unemployment rate | 5.2% |
| Homeownership rate | 38.6% |
| Housing vacancy rate | 13.1% |
| Rent burden 30% or higher | 44.5% |
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 Neartown - Montrose
What is the Best Neighborhoods USA ranking for Neartown - Montrose?
Neartown - Montrose is ranked #18 of 87 eligible neighborhoods in Houston; #648 of 1,241 eligible neighborhoods in TX; and #8,012 of 14,967 eligible neighborhoods in the United States.
Is Neartown - Montrose one of the best neighborhoods in Houston?
Neartown - Montrose has a Best Neighborhoods USA Index of 49.0 and a city ranking of #18 of 87 eligible neighborhoods in Houston.
How much are homes worth in Neartown - Montrose?
The current Zillow Home Value Index for Neartown - Montrose is approximately $694,613.
Are home values rising or falling in Neartown - Montrose?
Zillow neighborhood values changed -0.7% year over year and -0.16% month over month.
What is the Neighborhood Momentum Score for Neartown - Montrose?
Neartown - Montrose has a Neighborhood Momentum Score of 34.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Neartown - Montrose?
The NDS-derived neighborhood median household income is approximately $102,184.
How affordable is Neartown - Montrose relative to household income?
The current Zillow home-value-to-household-income ratio is 6.80. Price-to-income affordability is a major Value Opportunity input.
Is Neartown - Montrose primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 38.6%.
What is the unemployment rate in Neartown - Montrose?
The NDS-derived civilian unemployment rate is approximately 5.2%.
How educated are residents of Neartown - Montrose?
Approximately 76.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Neartown - Montrose face high rent burden?
Approximately 44.5% 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 Neartown - Montrose?
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 applications871
Estimated originations530
Home-purchase applications647
Origination rate60.9%
Home-purchase share74.4%
Average application loan$754,405
Total application loan amount$656,827,977
National application rank#225 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.2% YoY; originations 14.8% 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 Neartown - Montrose
A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.
198
Active listings observed
$737,450
Median asking price
$285.42
Median asking price / sq. ft.
73.5
Median days on market
2,530 sq. ft.
Median home size
Observed asking-price range: $95,000 to $2,790,000
Newest listing observed: 2026-09-18 19:00:00-05:00
How this current-market geography is determined
Coverage basis: Exact Zillow neighborhood polygon matches.
198 exact polygon matches. 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.