Home prices in the Houston metro area vary widely, with the typical U.S. home value at $372,057 and a 30-year fixed mortgage rate of 6.55%. Among 119 cities, Bellaire tops the list with a typical home value of $1,193,953, showing a 3.2% increase over one year and 29.8% over five years. Other cities show mixed changes, with some experiencing price declines in the past year but overall growth over five years.