In-depth Real Estate Data: Communities

Morrell Park Graywood Research, Pricing, and Statistics

From September 14th, 2024 through March 13th, 2025

Units Sold:

5

Average Sold Price:

$133,430

Average Sold Discount:

22%

Average Price Reduction:

5%

Average DOM:

80

Morrell Park Graywood offers a diverse selection of homes for sale, with prices ranging from $135,000 to $374,900. The average home spans 1,365 sq ft on spacious lots averaging 7,443 sq ft. With properties typically featuring three bedrooms and built between 1945 and 1958, this community is perfect for families seeking charm and space.

Active Listings

14

Average List Price

$231,121

Typical List Price

$228k to $250k

Homes Listed per Price Range

A visual list price spectrum representation

$135kto$166k$166kto$196k$196kto$227k$227kto$257k$257kto$288k
20251284

Sold Listings

5

Average Selling Price

$133,430

Typical Selling Price

$99k to $162k

Homes Sold per Price Range

A visual sold price spectrum representation

$32kto$96k$96kto$161k$161kto$225k
2025123

Average Sold Price per Sq Ft

$145

Typical Sold Price per Sq Ft

$118 to $177

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$119to$146$146to$173
202532

Average Days to Sell

80

Typical Days to Sell

26 to 98

Days on the Market Distribution

The number of homes sold in each DOM range

22to6969to115115to162
2025222

Average Price Reduction

5%

Typical Price Reduction

0% 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.)

0%to6%6%to13%13%to19%19%to25%25%to31%31%to38%
202513412

Average Discount from Original List

22%

Typical Sold Discount from Original List

19% to 21%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

10%to20%20%to31%31%to42%
2025312

Average Discount from Last List

11%

Typical Sold Discount from Last List

10% to 14%

Negotiated Disocunts from Final List Price

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

2%to8%8%to14%14%to20%
2025123

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.