Local Market

Third Ward Homes

From May 22nd, 2024 through November 18th, 2024

Units Sold:

100

Average Sold Price:

$374,206

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

128

Third Ward Market Trends
Local Markets

About Third Ward

The Third Ward local market in Houston offers a diverse selection of homes, with 154 properties currently for sale. Prices range from $98,000 to $1,250,000, averaging around $450,289. Home sizes vary from cozy 432 sq ft to spacious 9,226 sq ft, making it a great time for buyers and sellers alike to explore their options!

The Third Ward, part of Houston's six historic wards, is a vibrant neighborhood located conveniently close to downtown Houston. Known for its local market, the area has a rich culture and history, and boasts of a unique blend of old-time charm and modern amenities.

Living in the Third Ward allows easy commute to downtown, making it an ideal location for those working in the city center. A variety of retail options, including the local market, offer residents access to fresh produce and unique shopping experiences. The area is also home to several schools and renowned institutions such as the University of Houston and Texas Southern University. Despite its city location, it remains an affordable place to live, offering a balance of luxury and value. Safety is a priority, with community initiatives and police presence making it a secure place to call home.

Nearby Local Markets

Downtown

Downtown-0
Downtown-1
Downtown-2
Downtown-3

Active:

47

Average Space:

1,350 SF

Average Price:

$381,055

Average $/SF:

$294

Downtown

Pine Valley

Pine Valley-0
Pine Valley-1
Pine Valley-2
Pine Valley-3

Active:

20

Average Space:

2,055 SF

Average Price:

$361,589

Average $/SF:

$188

Pine Valley

Midtown

Midtown-0
Midtown-1
Midtown-2
Midtown-3

Active:

167

Average Space:

1,837 SF

Average Price:

$560,790

Average $/SF:

$284

Midtown

EaDo

EaDo-0
EaDo-1
EaDo-2
EaDo-3

Active:

83

Average Space:

1,975 SF

Average Price:

$445,852

Average $/SF:

$227

EaDo

MacGregor

MacGregor-0
MacGregor-1
MacGregor-2
MacGregor-3

Active:

112

Average Space:

2,695 SF

Average Price:

$571,323

Average $/SF:

$215

MacGregor

Medical Center

Medical Center-0
Medical Center-1
Medical Center-2
Medical Center-3

Active:

396

Average Space:

1,487 SF

Average Price:

$328,501

Average $/SF:

$208

Medical Center

Total Active Listings

154

Average List Price

$450,289

Average Home Size

2,041SQFT

Average Price per SQFT

$243

Price Range Distribution

Number of homes per price range in Third Ward

Price Ranges

less than $125k (16)
$125k - $286k (79)
$287k - $448k (99)
$449k - $610k (77)
$611k - $772k (14)
$773k+ (16)

Frequently asked questions

As of August 31st 2024 there are 154 homes listed for sale in Third Ward.

The average list price in Third Ward is currently $450,289, and the majority of available homes are priced between $361,264 and $513,125. Last updated August 31st 2024.

The average time on the market in Third Ward is 106 days, which is a strong market...but not necessarily hot.

As of August 31st 2024, there are 62 new homes listed for sale in Third Ward

As of August 31st 2024, the average home on the market in Third Ward was built in 1987.

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