Houston Home Builder

K Hovnanian Homes Discounts, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

280

Average Sold Price:

$391,528

Average Sold Discount:

7%

Average Price Reduction:

6%

Average DOM:

76

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

167

Average List Price

$409,663

Typical List Price

$335k to $470k

Homes Listed per Price Range

A visual list price spectrum representation

$230kto$279k$279kto$328k$328kto$377k$377kto$426k$426kto$475k$475kto$524k$524kto$573k$573kto$622k$622kto$671k$671kto$700k
202410233934221671043

Sold Listings

280

Average Selling Price

$391,528

Typical Selling Price

$320k to $439k

Homes Sold per Price Range

A visual sold price spectrum representation

$250kto$286k$286kto$323k$323kto$359k$359kto$396k$396kto$432k$432kto$469k$469kto$505k$505kto$542k$542kto$578k$578kto$615k$615kto$651k$651kto$665k
2024264746572725121313474

Average Sold Price per Sq Ft

$179

Typical Sold Price per Sq Ft

$162 to $197

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$115to$124$124to$133$133to$143$143to$152$152to$161$161to$171$171to$180$180to$189$189to$199$199to$208$208to$217$217to$226$226to$236$236to$245$245to$254$254to$264$264to$269
2024151224484944302815145213

Average Days to Sell

76

Typical Days to Sell

16 to 115

Days on the Market Distribution

The number of homes sold in each DOM range

to3030to6161to9191to121121to152152to182182to212212to243243to273273to303303to334334to339
20241015038252791075432

Average Price Reduction

6%

Typical Price Reduction

2% to 9%

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%
20241131116211114113165422522322

Average Discount from Original List

7%

Typical Sold Discount from Original List

3% to 10%

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%to22%
20241123720424441421915854

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

-12%to-11%-11%to-10%-10%to-8%-8%to-7%-7%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to-1%-1%to0%0%to2%2%to3%3%to4%4%to5%5%to7%7%to8%8%to9%9%to10%10%to12%12%to13%
20241111751093231282216810612

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.