Houston Home Builder

M/I Homes Discounts, Pricing, and Statistics

#9Active listings
From May 25th, 2024 through November 21st, 2024

Units Sold:

224

Average Sold Price:

$317,236

Average Sold Discount:

6%

Average Price Reduction:

4%

Average DOM:

133

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

274

Average List Price

$363,410

Typical List Price

$312k to $395k

Homes Listed per Price Range

A visual list price spectrum representation

$213kto$238k$238kto$264k$264kto$289k$289kto$315k$315kto$340k$340kto$366k$366kto$391k$391kto$417k$417kto$442k$442kto$468k$468kto$493k$493kto$519k$519kto$544k$544kto$570k$570kto$595k$595kto$621k$621kto$646k$646kto$672k$672kto$690k
202423244244434032206442432

Sold Listings

224

Average Selling Price

$317,236

Typical Selling Price

$283k to $343k

Homes Sold per Price Range

A visual sold price spectrum representation

$229kto$249k$249kto$268k$268kto$288k$288kto$308k$308kto$328k$328kto$347k$347kto$367k$367kto$387k$387kto$407k$407kto$426k$426kto$446k$446kto$466k$466kto$486k$486kto$505k$505kto$525k$525kto$545k$545kto$560k
20241121384928272112551214

Average Sold Price per Sq Ft

$181

Typical Sold Price per Sq Ft

$162 to $194

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$114to$124$124to$134$134to$144$144to$154$154to$165$165to$175$175to$185$185to$195$195to$205$205to$216$216to$226$226to$228
2024141222384033301710342

Average Days to Sell

133

Typical Days to Sell

73 to 183

Days on the Market Distribution

The number of homes sold in each DOM range

to3636to7272to108108to145145to181181to217217to253253to289289to325325to348
202439172636433613556

Average Price Reduction

4%

Typical Price Reduction

0% to 6%

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%
2024119914314011875296312

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%
202411111726404347271145

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%
20241111121116125102432

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.