Local Market

Third Ward Homes

From July 22nd, 2024 through January 18th, 2025

Units Sold:

107

Average Sold Price:

$254,879

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

80

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

MacGregor

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MacGregor-1
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MacGregor-3

Active:

126

Average Space:

2,765 SF

Average Price:

$568,031

Average $/SF:

$207

MacGregor

Downtown

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Downtown-3

Active:

42

Average Space:

1,392 SF

Average Price:

$396,401

Average $/SF:

$297

Downtown

Midtown

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Midtown-3

Active:

170

Average Space:

1,810 SF

Average Price:

$545,307

Average $/SF:

$282

Midtown

Pine Valley

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

Active:

16

Average Space:

2,094 SF

Average Price:

$379,390

Average $/SF:

$197

Pine Valley

EaDo

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EaDo-1
EaDo-2
EaDo-3

Active:

86

Average Space:

2,000 SF

Average Price:

$450,821

Average $/SF:

$227

EaDo

Medical Center

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Medical Center-1
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Medical Center-3

Active:

409

Average Space:

1,546 SF

Average Price:

$346,989

Average $/SF:

$209

Medical Center

Total Active Listings

186

Average List Price

$425,632

Average Home Size

1,947SQFT

Average Price per SQFT

$237

Price Range Distribution

Number of homes per price range in Third Ward

Price Ranges

less than $132k (17)
$132k - $277k (89)
$278k - $423k (91)
$424k - $569k (93)
$570k - $715k (22)
$716k+ (17)

Frequently asked questions

As of January 15th 2025 there are 186 homes listed for sale in Third Ward.

The average list price in Third Ward is currently $425,632, and the majority of available homes are priced between $329,925 and $519,975. Last updated January 15th 2025.

At an average days on market of 173, Third Ward is more of a balanced market - where most homes would sell in about six months.

As of January 15th 2025, there are 70 new homes listed for sale in Third Ward

As of January 15th 2025, the average home on the market in Third Ward was built in 1987.

Third Ward by bedrooms

Third Ward by price

Third Ward property types

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