Top Houston neighborhoods where home prices rose and fell the most in 2016

Houston’s housing market is a tale of two cities amid the oil slump.

The Houston Association of Realtors released its 2016 home sales data for the Bayou City, which showed stark differences between neighborhoods where home prices are rising and falling.

Single-family home sale prices have softened in upstream energy-focused neighborhoods in the central, north and west sides of the Houston region.

These neighborhoods — like Briarbend near the Galleria; Memorial Villages, Westchase and Fulshear along the Energy Corridor and The Woodlands north of Houston — all saw home sale prices fall between 10 percent and 30 percent in 2016, according to HAR.

On the other hand, single-family home sale prices have skyrocketed in downstream energy-focused neighborhoods, primarily on the east side of the Houston region.

These neighborhoods — like La Marque, Liberty County East and Texas City — all saw home sale prices jump between 13 percent and 41 percent in 2016, according to HAR.

Here are the top Houston neighborhoods where home sale prices rose the most in 2016:

La Marque: $136,194 average sale price in 2016 (+41.2 percent increase year over year)
Liberty County East: $136,122 (+24.4 percent)
Dayton: $170,918 (+19.6 percent)
Midtown - Galveston:$178,549 (+18.3 percent)
Northside: $141,337 (+17.1 percent)
Denver Harbor: $149,092 (+16.2 percent)
Liberty: $140,085 (+16.1 percent)
Cleveland area: $143,516 (+14.3 percent)
Texas City: $126,630 (+13.4 percent)
Hobby area: $129,650 (+13 percent)

Here are the top Houston neighborhoods where home sale prices fell the most in 2016:

Polk County North: $57,970 average sale price in 2016 (-30.9 percent decrease year over year)
Charnwood/Briarbend: $553,429 (-29.7 percent)
Tomball Southwes t: $391,035 (-24.1 percent)
Brookshire: $191,749 (-23.1 percent)
Fort Bend Southeast: $333,324 (-23 percent)
Memorial Villages: $1.53 million (-19.8 percent)
Westchase area: $682,987 (-17.7 percent)
Riverside: $299,338 (-14.7 percent)
Fulshear/South Brookshire/Simonton: $393,517 (-11.5 percent)
The Woodlands: $448,298 (-10.2 percent)

By: Paul Takahashi covers residential and multifamily commercial real estate, as well as education, for the Houston Business Journal.