Why Live in Memorial City
Memorial City in Houston is a multifaceted neighborhood just 12 miles from downtown, known for its blend of medical, commercial, and residential spaces. The area is home to the Memorial Hermann Memorial City Medical Center, one of Texas's largest hospitals, and approximately 3.2 million square feet of office space, making it ideal for those seeking shorter commutes. Memorial City Mall, with its 1.7 million square feet of retail space, and CityCentre, featuring stores like Lululemon and Sephora, provide ample shopping and dining options. Popular eateries include Taste of Texas, Pappasito's, Daily Gather, Seasons 52, and Sal y Pimienta Kitchen. For groceries, residents frequent Randalls or Target. The neighborhood offers various things to do, such as visiting Bendwood Park, where kids can enjoy the playground and tennis players can use the courts. Fonn Villas Swim Club and Hotel ZaZa's The Lawn are also local favorites for family activities and live music. CityCentre's The Escape Game Houston and The Music Box Theater provide additional entertainment options. Memorial City features diverse home styles, including ranch-style homes, colonials, modern estates, townhouses, and luxury apartments. The Spring Branch Independent School District serves the area, with highly rated schools like Bunker Hill Elementary, Memorial Middle School, and Memorial High School. The neighborhood is safer than the national average, and its proximity to Interstate 10 and Beltway 8 ensures easy access to downtown Houston, though traffic can be heavy during rush hour.
Home Trends in Memorial City, TX
On average, homes in Memorial City, Houston sell after 52 days on the market compared to the national average of 70 days. The median sale price for homes in Memorial City, Houston over the last 12 months is $449,900, up 23% from the median home sale price over the previous 12 months.
Median Sale Price
$449,900
Median Single Family Sale Price
$449,900
Median Townhouse Sale Price
$480,000
Median 2 Bedroom Sale Price
$139,900
Average Price Per Sq Ft
$237
Number of Homes for Sale
6
Last 12 months Home Sales
39
Median List Price
$455,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
23%