Major Market Area

Memorial Homes

From June 24th, 2024 through December 21st, 2024

Units Sold:

1,483

Average Sold Price:

$614,089

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

56

Memorial Market Trends
Major Markets

About Memorial

The Memorial market area in Houston offers a diverse range of homes, with prices ranging from $485,000 to $1,850,000. With an average list price of $1,090,981 and home sizes averaging 2,943 sq ft, buyers can find spacious options. Currently, there are 741 homes for sale, making it a vibrant market for both buyers and sellers.

Memorial is widely recognized as one of Houston's most prestigious neighborhoods, lending a sense of tranquility with its heavily wooded environment, while still offering proximity to the city's bustling downtown and IAH airport. Conveniently located, Memorial is an attractive place for families and professionals alike, especially for those seeking a manageable commute.

The area is also home to top-notch schools, upscale retail outlets, and a variety of fine dining options. Affordability and luxury blend seamlessly in Memorial, making it a desirable option for those in search of a safe, vibrant, and dynamic community.

Nearby Major Markets

Washington Corridor

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Washington Corridor-1
Washington Corridor-2
Washington Corridor-3

Active:

369

Average Space:

2,355 SF

Average Price:

$624,428

Average $/SF:

$269

Washington Corridor

North Katy

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

Active:

2,631

Average Space:

2,373 SF

Average Price:

$426,418

Average $/SF:

$181

North Katy

Alief

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Alief-1
Alief-2
Alief-3

Active:

1,020

Average Space:

1,952 SF

Average Price:

$294,041

Average $/SF:

$147

Alief

Sharpstown

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Sharpstown-1
Sharpstown-2
Sharpstown-3

Active:

459

Average Space:

1,673 SF

Average Price:

$275,181

Average $/SF:

$168

Sharpstown

Greater Heights

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Greater Heights-1
Greater Heights-2
Greater Heights-3

Active:

1,122

Average Space:

2,345 SF

Average Price:

$775,922

Average $/SF:

$341

Greater Heights

South Katy

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South Katy-1
South Katy-2
South Katy-3

Active:

1,560

Average Space:

2,966 SF

Average Price:

$563,370

Average $/SF:

$189

South Katy

Total Active Listings

741

Average List Price

$1,090,981

Average Home Size

2,943SQFT

Average Price per SQFT

$263

Price Range Distribution

Number of homes per price range in Memorial

Price Ranges

less than $144k (62)
$144k - $1,017k (869)
$1,018k - $1,891k (167)
$1,892k - $2,765k (58)
$2,766k - $3,639k (44)
$3,640k+ (64)

Frequently asked questions

As of October 11th 2024 there are 741 homes listed for sale in Memorial.

The average list price in Memorial is currently $1,090,981, and the majority of available homes are priced between $229,000 and $899,000. Last updated October 11th 2024.

The average time on the market in Memorial is 86 days, which is a strong market...but not necessarily hot.

As of October 11th 2024, there are 67 new homes listed for sale in Memorial

As of October 11th 2024, the average home on the market in Memorial was built in 1984.

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