Real estate activities
The Rice/Museum District is an active neighborhood that offers a blend of education, arts, and natural beauty. Located in Houston, this area is home to Rice University, a recognized institution known for its academic and research programs. The district also features a variety of museums including the Museum of Fine Arts, the Children’s Museum, the Holocaust Museum, and the Houston Museum of Natural Science, among others. Alongside Hermann Park and the Houston Zoo, the district offers residents a blend of urban living and natural spaces.
For businesses, the Rice/Museum District holds potential. With a consistent influx of students, researchers, teachers, tourists, and locals, the area indicates a stable customer base. Restaurants, cafes, boutique shops, and galleries are active in this environment, while larger corporations and tech startups find value in the district's proximity to the university and its talent pool.
Investors are attracted to the district for i...
The Rice/Museum District is an active neighborhood that offers a blend of education, arts, and natural beauty. Located in Houston, this area is home to Rice University, a recognized institution known for its academic and research programs. The district also features a variety of museums including the Museum of Fine Arts, the Children’s Museum, the Holocaust Museum, and the Houston Museum of Natural Science, among others. Alongside Hermann Park and the Houston Zoo, the district offers residents a blend of urban living and natural spaces.
For businesses, the Rice/Museum District holds potential. With a consistent influx of students, researchers, teachers, tourists, and locals, the area indicates a stable customer base. Restaurants, cafes, boutique shops, and galleries are active in this environment, while larger corporations and tech startups find value in the district's proximity to the university and its talent pool.
Investors are attracted to the district for its robust real estate market and consistent growth trajectory. The area's desirable location, coupled with its blend of educational and recreational offerings, makes it a sought-after destination for both residential and commercial real estate investment. The district's strong community atmosphere and its evolving landscape also ensure that properties here continue to appreciate in value.
Market Update
- Currently there are 200 homes for sale in Rice/Museum District.
- The average price of the homes for sale in Rice/Museum District is $1,103,529.
- The average square feet of the homes in Rice/Museum District is 2,649 sqft.
- There are currently 138 homes for lease in Rice/Museum District subdivision.
- The average rent in Rice/Museum District is $2,567 at an average price of 2 per square foot.
Price Trend Based on MLS Sold Data
| Tax Year | Med. Price/Sqft. | # of Sold |
|---|---|---|
| 2024 | 311.37 | 211 |
| 2023 | 283.18 | 273 |
| 2022 | 260.72 | 298 |
| 2021 | 263.43 | 400 |
| 2020 | 291.16 | 286 |
| 2019 | 275.98 | 244 |
| 2018 | 260.27 | 271 |
| 2017 | 250.54 | 285 |
| 2016 | 238.16 | 303 |
| 2015 | 223.75 | 308 |
| 2014 | 218.56 | 309 |
| 2013 | 199.18 | 370 |
| 2012 | 188.57 | 307 |
| 2011 | 206.85 | 280 |
| 2010 | 186.75 | 264 |
| 2009 | 179.11 | 260 |
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10/26/2018One of the best walkable areas of Houston!
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