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Home values soared in Houston's poorest areas between 2015 and 2026, a Houston Chronicle analysis found.
For years, home values appreciated fastest in the most expensive parts of town – often referred to as the "Houston arrow". The term arrow refers to the western edge of the Inner Loop, along with a broad swath of west Houston and areas just north and south of it.
But a dramatic reversal of this trend has unfolded over the past decade. Property values in the "Houston arrow" are still climbing, but at a much slower pace. Meanwhile, values have surged in working-class neighborhoods like Settegast and Kashmere Gardens. That threatens to erode affordability in traditionally affordable areas of Houston, according to an investigation by the Houston Chronicle's Mike Morris and Caroline Ghisolfi.
Explore the Chronicle's searchable map to understand how property values are changing in your area, and see Morris and Ghisolfi's earlier reporting on what this trend means for affordability.
Residential
 Photo by: Houston Association Of Realtors |
November's most expensive home sales were led by a mansion once owned by Frank Sharp, a Houston developer tied to a big banking scandal in the 1970s. The River Oaks home was listed for $15.9 million. Read More |
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 Photo by: Jason Fochtman, Staff Photographer |
Conroe, The Woodlands and Pearland, all suburbs of Houston, have notably high property taxes, according to an annual ranking from SmartAsset. Read More |
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 Photo by: Jason Fochtman, Houston Chronicle / Staff Photographer |
The Houston area was the No. 2 U.S. metro area for growth in 2025, according to an annual analysis from U-Haul, with Conroe seeing more one-way moves than any other suburb in the region. Read More |
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 Photo by: Brett Coomer/Houston Chronicle |
A three-judge panel affirmed a 2022 decision that the government is liable for "taking" the land flooded upstream of Addicks and Barker reservoirs. Read More |
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Commercial
 Photo by: Kirk Sides, Houston Chronicle |
Popular Tex-Mex restaurant Candente has expanded into Bellaire, and 13 other new restaurant developments that opened recently around Houston. Read More |
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 Photo by: Kirk Sides, Houston Chronicle |
Short-term rental owners now must register their properties with the City of Houston under a new ordinance that aims to curb complaints about noise, violence and parties. But without strict enforcement, the city will remain vulnerable to the mayhem and violence associated with these properties, Joy Sewing argues. Read More |
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 Photo by: Mark Mulligan, Staff Photographer / Staff Photographer |
Heavy hitters such as Exxon, Chevron and Phillips 66 already operate refineries capable of processing heavy crude from Venezuelan oil fields. How could reviving the Venezuelan oil industry impact these refiners, and the thousands of Houston-area jobs they support? Read More |
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Prime Transactions
- 👔 Blackstone sells 1-million-sf industrial portfolio in north Houston: Ares Real Estate has acquired a 1.02 million-square-feet logistics portfolio spread across north Houston, JLL recently announced. The portfolio comprises six industrial buildings in three locations: Central Green Corporate Center (near IAH); North Houston Logistics Center Building G; and West Little York in northwest Houston. JLL represented the seller, a warehouse investment entity affiliated with Blackstone, according to Realty News Report.
- 👝 Secton of big Richmond retail center trades hands: CenterSquare recently acquired a four-building, 45,000-square-foot section of Waterview Town Center, a 1-million-square-foot retail complex in Richmond, Texas. Situated on the Grand Parkway, Waterview Town Center is leased to a mix of national and regional tenants, including Torchy's Tacos, Hopdoddy Burger Bar and Jersey Mike's. This is CenterSquare's eighth "essential retail" property in Houston, according to a press release.
Events at the Chronicle

Photo by: Houston Chronicle Staff
Leaking oil wells threaten Texas water and taxpayer wallets.
Join us November 20 at 12 p.m. for a live virtual event on who's paying the price—and what's being done to stop the damage.
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