Home prices
The median home value in Houston is $163,900. This is roughly $59,980 (26%) lower compared to its nearby areas.It is about $53,600 (24%) lower compared to the country as a whole, and it is about $150,900 (47%) lower compared to the city of Anchorage.
Rents
The median rent in Houston is $971 per month. It is about $142 (12%) lower compared to its nearby areas.It is roughly $91 (8%) lower in comparison to the US as a whole, and in comparison to the city of Anchorage it is about $349 (26%) lower.
Nearby places
Meadow Lakes
Meadow Lakes is Houston's neighbor to the east. Real estate prices there are a little more expensive. The median home value in Meadow Lakes is $232,600, which comes out to $68,700 (29%) higher than Houston. Its rents are similar. In Meadow Lakes the median rent is $985 per month, which works out to $14 (1%) higher than Houston.
Big Lake
Big Lake is Houston's neighbor to the southwest. Its real estate prices are a bit more expensive. The cost of the median home in Big Lake is $207,000, which works out to $43,100 (20%) higher than Houston. The rent there is fairly similar. The median monthly rent in Big Lake is $976, which is very similar to Houston.
Willow
Willow is Houston's neighbor to the north. Housing prices there are somewhat more expensive. The cost of the median home in Willow is $193,200, which comes out to $29,300 (15%) higher than Houston. Rents there are a little more expensive. In Willow the median monthly rent is $1,135, which comes out to $164 (14%) higher than Houston.
Knik-Fairview
Knik-Fairview is approximately 6 miles southeast from Houston. Its real estate prices are a lot more expensive. The median home in Knik-Fairview costs $243,200, which is $79,300 (32%) higher than Houston. Its rents are a bit more expensive. In Knik-Fairview the median monthly rent is $1,387, which is $416 (29%) higher than Houston.
Wasilla
Wasilla is roughly 9 miles east of Houston. The real estate prices there are substantially more expensive. Wasilla's median home value is $243,400, which is $79,500 (32%) higher than Houston. Rent there is a bit more expensive. Wasilla's median rent is $1,083 a month, which works out to $112 (10%) higher than Houston.