Commercial Real Estate in Houston
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Reonomy attracts a large community of Houston commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Houston commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Iowa||Houston|
|Average sold price||$725,976||$302,789||--|
|Median sold price||$133,838||$113,318||--|
|Number of sales||5,635,317||64,404||--|
|Number of sales over $250k||2,061,167||19,353||--|
|Number of sales over $1m||413,330||3,152||--|
|Number of sales over $10m||57,503||119||--|
|Average total tax amount||$4,860||$3,437||--|
|Average assessed value||$506,147||$149,114||--|
|Average market value||$293,271||$163,872||--|
Houston commercial real estate property averages
|Property averages||United States||Iowa||Houston|
|Average lot size||798,964 sf||709,102 sf||--|
|Median lot size||23,326 sf||106,431 sf||--|
|Average building area||--||--||--|
|Median building area||--||--||--|
|Median year built||1972||1967||--|
|Average number of units||18||10||--|
|Median number of units||2||2||--|
Houston commercial real estate total supply
|Number of parcels||138,266,458||1,674,656||--|
|Aggregate lot acerage||787,778,005||7,600,934||--|
|Aggregate building area||--||--||--|
Houston commercial real estate industrial mortgages
|Number of mortgages||44,618,478||405,118||--|
|Average value of mortgages||$5,654,937||$2,665,824||--|