Houston Texas neighborhood aerial view, Nick Chambers, Broker Associate, Realty Of America (ROA) real estate
Houston Neighborhoods/Memorial Villages

Houston · Neighborhood Intelligence

Memorial Villages

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Memorial Villages Market Report, July 2026

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Median Price

$2859K

Avg DOM

36.1d

Active

105

Trend

Rising

As of July 2026, the Memorial Villages remains a firm seller's market with 3.5 months of inventory and a median sale price of $2,859,406. Median prices have edged up 0.57% month-over-month, supported by a 17% increase in sales volume recorded in June. Homes are selling in an average of 36.1 days, representing a slight cooling of 0.5 days compared to the prior month. Luxury demand remains high, particularly for properties priced above $2 million, which represents the core of the local market.

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Memorial Villages Guides & Listicles

Expert insights and local listicles featuring Nick Chambers, your go-to guide for Memorial Villages.

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Memorial Villages News & Developments

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Greenside Mixed-Use Hub Confirms Final Tenants and Completes Main Construction

Developers MetroNational and Radom Capital announced on June 17, 2026, that the 35,000-square-foot Greenside development in Memorial City is nearing completion and is now mostly leased. New confirmed tenants include Merit Coffee, Original ChopShop, and Epic Cycles, with openings expected to begin as early as next month.

Real estate impact: The addition of modern wellness and retail amenities immediately adjacent to the Villages increases the 'lifestyle score' of the area, making the neighborhood even more attractive to high-end buyers who value walkable, modern commercial centers.

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Memorial Villages Real Estate Market Update: Median Sale Prices Reach $2.86 Million

As of July 8, 2026, the Memorial Villages housing market remains a strong seller's market with 3.5 months of inventory. Recent data indicates that homes are selling faster than last year, with an average of 36.1 days on the market and a significant 17% increase in sales activity compared to June 2025.

Real estate impact: High sales velocity and a nearly $2.9 million median price point demonstrate continued elite demand; the 16.1% year-over-year increase in listings provides buyers more choice while allowing sellers to leverage limited inventory for top-tier offers.

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Memorial Villages Water Authority Begins Major Wastewater Infrastructure Overhaul

The Memorial Villages Water Authority (MVWA) commenced a major infrastructure project on June 29, 2026, focused on rehabilitating a critical trunk sewer line along Memorial Drive and portions of San Felipe Road. The project aims to improve long-term system reliability and efficiency through the maintenance of regional wastewater treatment systems.

Real estate impact: While temporary construction may cause traffic delays along key arteries, the rehabilitation of aging utility lines ensures the long-term stability of the villages' utility services and prevents future environmental issues, supporting high property values.

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Nick Chambers

Nick Chambers

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