In-depth Real Estate Data: Communities

Norchester Research, Pricing, and Statistics

From July 25th, 2024 through January 21st, 2025

Units Sold:

16

Average Sold Price:

$260,496

Average Sold Discount:

3%

Average Price Reduction:

1%

Average DOM:

35

The Norchester community offers a diverse range of homes for sale, with an average listing price of $336,710. Properties typically feature 3 to 5 bedrooms and average around 2,690 sq ft in size. With lot sizes averaging 9,393 sq ft, there's plenty of outdoor space to enjoy. Homes here have been on the market for an average of 11 to 105 days, making it a great time to explore your options!

Active Listings

12

Average List Price

$320,662

Typical List Price

$293k to $352k

Homes Listed per Price Range

A visual list price spectrum representation

$230kto$261k$261kto$292k$292kto$323k$323kto$354k$354kto$385k
202521244

Sold Listings

16

Average Selling Price

$260,496

Typical Selling Price

$256k to $328k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$76k$76kto$149k$149kto$223k$223kto$296k$296kto$370k$370kto$443k
20253554

Average Sold Price per Sq Ft

$130

Typical Sold Price per Sq Ft

$123 to $141

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$27$27to$53$53to$79$79to$105$105to$131$131to$157
20253284

Average Days to Sell

35

Typical Days to Sell

16 to 44

Days on the Market Distribution

The number of homes sold in each DOM range

5to2020to3636to5151to6666to8282to97
2025634212

Average Price Reduction

1%

Typical Price Reduction

0% to 3%

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%to1%1%to2%2%to2%2%to3%3%to4%4%to5%
2025111223

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-5%to-2%-2%to1%1%to4%4%to7%7%to11%11%to14%
2025254213

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-5%to-3%-3%to0%0%to3%3%to5%5%to8%8%to11%
202538132

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.