Major Market Area

Memorial Homes

From July 24th, 2024 through January 20th, 2025

Units Sold:

812

Average Sold Price:

$660,152

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

57

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

Alief

Alief-0
Alief-1
Alief-2
Alief-3

Active:

998

Average Space:

1,961 SF

Average Price:

$302,546

Average $/SF:

$150

Alief

Greater Heights

Greater Heights-0
Greater Heights-1
Greater Heights-2
Greater Heights-3

Active:

1,057

Average Space:

2,365 SF

Average Price:

$785,856

Average $/SF:

$343

Greater Heights

Spring Branch

Spring Branch-0
Spring Branch-1
Spring Branch-2
Spring Branch-3

Active:

839

Average Space:

2,318 SF

Average Price:

$611,487

Average $/SF:

$249

Spring Branch

Galleria

Galleria-0
Galleria-1
Galleria-2
Galleria-3

Active:

760

Average Space:

2,350 SF

Average Price:

$847,568

Average $/SF:

$304

Galleria

Sharpstown

Sharpstown-0
Sharpstown-1
Sharpstown-2
Sharpstown-3

Active:

460

Average Space:

1,647 SF

Average Price:

$265,625

Average $/SF:

$165

Sharpstown

Washington Corridor

Washington Corridor-0
Washington Corridor-1
Washington Corridor-2
Washington Corridor-3

Active:

362

Average Space:

2,380 SF

Average Price:

$631,222

Average $/SF:

$269

Washington Corridor

Total Active Listings

727

Average List Price

$1,026,806

Average Home Size

2,849SQFT

Average Price per SQFT

$262

Price Range Distribution

Number of homes per price range in Memorial

Price Ranges

less than $140k (62)
$140k - $1,066k (822)
$1,067k - $1,993k (173)
$1,994k - $2,920k (53)
$2,921k - $3,847k (41)
$3,848k+ (62)

Frequently asked questions

As of January 15th 2025 there are 727 homes listed for sale in Memorial.

The average list price in Memorial is currently $1,026,806, and the majority of available homes are priced between $219,450 and $895,000. 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 61 new homes listed for sale in Memorial

As of January 15th 2025, the average home on the market in Memorial was built in 1983.

Memorial by bedrooms

Memorial by price

Memorial property types

Memorial by story