Houston Home Builder

M/I Homes Discounts, Pricing, and Statistics

#9Active listings
From March 20th, 2024 through September 16th, 2024

Units Sold:

211

Average Sold Price:

$315,269

Average Sold Discount:

6%

Average Price Reduction:

3%

Average DOM:

145

M/I Homes, ranked #9 among Houston builders, offers a diverse selection of new homes across several communities, including those with the most active listings. Their homes average 2,046 sq ft and are priced from the low $230,000s to the high $660,000s, catering to a variety of budgets and preferences. With an average market time of 84 days, buyers can find a range of options to suit their needs.

Active Listings

299

Average List Price

$363,793

Typical List Price

$317k to $395k

Homes Listed per Price Range

A visual list price spectrum representation

$231kto$254k$254kto$278k$278kto$301k$301kto$324k$324kto$348k$348kto$371k$371kto$394k$394kto$418k$418kto$441k$441kto$464k$464kto$488k$488kto$511k$511kto$534k$534kto$558k$558kto$581k$581kto$604k$604kto$628k$628kto$651k$651kto$667k
20243835474840403218564215312

Sold Listings

211

Average Selling Price

$315,269

Typical Selling Price

$282k to $341k

Homes Sold per Price Range

A visual sold price spectrum representation

$219kto$239k$239kto$259k$259kto$279k$279kto$299k$299kto$319k$319kto$338k$338kto$358k$358kto$378k$378kto$398k$398kto$418k$418kto$438k$438kto$458k$458kto$478k$478kto$498k$498kto$518k$518kto$538k$538kto$551k
20247122942363022121031111212

Average Sold Price per Sq Ft

$181

Typical Sold Price per Sq Ft

$165 to $195

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$114to$125$125to$135$135to$146$146to$157$157to$168$168to$179$179to$190$190to$201$201to$212$212to$223$223to$228
20241122253534361818823

Average Days to Sell

145

Typical Days to Sell

98 to 189

Days on the Market Distribution

The number of homes sold in each DOM range

to3030to6161to9191to122122to152152to182182to213213to243243to274274to304304to334334to355
202422121523344039115425

Average Price Reduction

3%

Typical Price Reduction

0% to 5%

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.)

-26%to-23%-23%to-21%-21%to-18%-18%to-15%-15%to-13%-13%to-10%-10%to-8%-8%to-5%-5%to-2%-2%to0%0%to3%3%to5%5%to8%8%to11%11%to13%13%to16%16%to18%18%to21%21%to24%24%to26%
202412361551006744246312

Average Discount from Original List

6%

Typical Sold Discount from Original List

3% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-26%to-24%-24%to-22%-22%to-19%-19%to-17%-17%to-15%-15%to-13%-13%to-11%-11%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to18%
202411111525424434261254

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

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

-22%to-20%-20%to-18%-18%to-17%-17%to-15%-15%to-13%-13%to-12%-12%to-10%-10%to-8%-8%to-6%-6%to-5%-5%to-3%-3%to-1%-1%to0%0%to2%2%to4%4%to6%6%to7%7%to9%9%to11%11%to12%
20241111121106542873222

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.