Local Market

Memorial Homes

From July 25th, 2024 through January 21st, 2025

Units Sold:

519

Average Sold Price:

$687,949

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

56

Memorial Market Trends
Local Markets

About Memorial

The Memorial local market in Houston offers a diverse range of homes, with 442 properties currently for sale. Prices range from $110,000 to $12,000,000, with an average list price of $1,051,459. Home sizes vary significantly, averaging 2,967 sq ft, making it an appealing area for buyers and sellers alike.

The Memorial local market in Houston offers a perfect blend of convenience and luxury, making it an ideal place to live. The area boasts a plethora of retail shops and high-end eateries, offering a varied lifestyle for its residents. It's also conveniently located for an easy commute to Downtown Houston, perfect for professionals working in the city.

The area also prides itself on offering excellent schooling options, contributing to the family-friendly atmosphere of Memorial. Its reputation for safety further enhances the area's desirability. Additionally, the housing market offers a wide range of options, from affordable to luxury, to suit various budgets.

Nearby Local Markets

Cinco Ranch Area

Cinco Ranch Area-0
Cinco Ranch Area-1
Cinco Ranch Area-2
Cinco Ranch Area-3

Active:

1,317

Average Space:

2,960 SF

Average Price:

$573,172

Average $/SF:

$193

Cinco Ranch Area

Eldridge

Eldridge-0
Eldridge-1
Eldridge-2
Eldridge-3

Active:

540

Average Space:

2,276 SF

Average Price:

$366,346

Average $/SF:

$161

Eldridge

Westchase-Royal Oaks

Westchase-Royal Oaks-0
Westchase-Royal Oaks-1
Westchase-Royal Oaks-2
Westchase-Royal Oaks-3

Active:

240

Average Space:

2,197 SF

Average Price:

$401,923

Average $/SF:

$161

Westchase-Royal Oaks

Tanglewood

Tanglewood-0
Tanglewood-1
Tanglewood-2
Tanglewood-3

Active:

170

Average Space:

3,735 SF

Average Price:

$1,824,834

Average $/SF:

$337

Tanglewood

North Katy

North Katy-0
North Katy-1
North Katy-2
North Katy-3

Active:

1,901

Average Space:

2,320 SF

Average Price:

$403,657

Average $/SF:

$178

North Katy

Briar Forest

Briar Forest-0
Briar Forest-1
Briar Forest-2
Briar Forest-3

Active:

300

Average Space:

2,356 SF

Average Price:

$554,635

Average $/SF:

$199

Briar Forest

Total Active Listings

382

Average List Price

$998,816

Average Home Size

2,801SQFT

Average Price per SQFT

$267

Price Range Distribution

Number of homes per price range in Memorial

Price Ranges

less than $145k (36)
$145k - $982k (441)
$983k - $1,820k (118)
$1,821k - $2,658k (48)
$2,659k - $3,496k (20)
$3,497k+ (36)

Frequently asked questions

As of January 15th 2025 there are 382 homes listed for sale in Memorial.

The average list price in Memorial is currently $998,816, and the majority of available homes are priced between $224,925 and $953,000. Last updated January 15th 2025.

At an average days on market of 160, Memorial is more of a balanced market - where most homes would sell in about six months.

As of January 15th 2025, there are 47 new homes listed for sale in Memorial

As of January 15th 2025, the average home on the market in Memorial was built in 1986.

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