Houston Home Builder

K Hovnanian Homes Discounts, Pricing, and Statistics

From March 20th, 2024 through September 16th, 2024

Units Sold:

242

Average Sold Price:

$388,149

Average Sold Discount:

8%

Average Price Reduction:

5%

Average DOM:

81

K Hovnanian Homes is a Houston home builder offering a variety of new homes across several communities, including those with the most active listings. Their homes typically average 2,288 sq ft, with prices ranging from the low $250,000s to nearly $750,000. With listings available in various price ranges, there’s something for everyone looking to settle in the Houston area.

Active Listings

219

Average List Price

$407,573

Typical List Price

$335k to $456k

Homes Listed per Price Range

A visual list price spectrum representation

$250kto$290k$290kto$330k$330kto$370k$370kto$410k$410kto$450k$450kto$490k$490kto$530k$530kto$570k$570kto$610k$610kto$650k$650kto$691k$691kto$731k$731kto$750k
20241934433134227995412

Sold Listings

242

Average Selling Price

$388,149

Typical Selling Price

$313k to $441k

Homes Sold per Price Range

A visual sold price spectrum representation

$251kto$292k$292kto$333k$333kto$374k$374kto$416k$416kto$457k$457kto$498k$498kto$539k$539kto$580k$580kto$621k$621kto$663k$663kto$665k
20243351463923101311782

Average Sold Price per Sq Ft

$182

Typical Sold Price per Sq Ft

$163 to $200

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$115to$123$123to$132$132to$140$140to$149$149to$158$158to$166$166to$175$175to$183$183to$192$192to$200$200to$209$209to$217$217to$226$226to$234$234to$243$243to$252$252to$259
2024134202445463323181083212

Average Days to Sell

81

Typical Days to Sell

18 to 121

Days on the Market Distribution

The number of homes sold in each DOM range

to3333to6666to9999to132132to165165to198198to231231to264264to298298to331331to339
202486363636159105622

Average Price Reduction

5%

Typical Price Reduction

2% to 7%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-16%to-14%-14%to-12%-12%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to0%0%to2%2%to4%4%to7%7%to9%9%to11%11%to13%13%to16%16%to18%18%to20%20%to23%23%to25%25%to27%27%to29%
2024111116113213410040211512222

Average Discount from Original List

8%

Typical Sold Discount from Original List

4% to 11%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-9%to-6%-6%to-4%-4%to-2%-2%to0%0%to3%3%to5%5%to7%7%to9%9%to12%12%to14%14%to16%16%to18%18%to21%21%to23%23%to24%
20241130192541384015147822

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-4%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to7%7%to9%9%to10%10%to11%11%to12%12%to13%13%to15%15%to16%16%to16%
20246479293329261155102112

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.