In-depth Real Estate Data: Local Markets

Fifth Ward Research, Pricing, and Statistics

From May 14th, 2024 through November 10th, 2024

Units Sold:

135

Average Sold Price:

$278,515

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

120

The Fifth Ward local market in Houston offers a diverse range of homes, with 208 active listings priced between $349,998 and $481,890. The average home size is 1,759 sq ft, making it an appealing choice for buyers. With homes built from 1950 to 2024, there's something for everyone in this vibrant community!

Active Listings

221

Average List Price

$356,886

Typical List Price

$280k to $409k

Homes Listed per Price Range

A visual list price spectrum representation

$75kto$209k$209kto$343k$343kto$476k$476kto$610k$610kto$744k$744kto$878k$878kto$1.0M$1.0Mto$1.1M$1.1Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.1M$2.1Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.6M$2.6Mto$2.8M
20243972911131212

Sold Listings

135

Average Selling Price

$278,515

Typical Selling Price

$159k to $380k

Homes Sold per Price Range

A visual sold price spectrum representation

$30kto$116k$116kto$203k$203kto$289k$289kto$375k$375kto$461k$461kto$479k
20242221849306

Average Sold Price per Sq Ft

$220

Typical Sold Price per Sq Ft

$174 to $218

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$62to$77$77to$92$92to$107$107to$122$122to$137$137to$152$152to$167$167to$182$182to$197$197to$212$212to$227$227to$242$242to$256
202422321671218331384

Average Days to Sell

120

Typical Days to Sell

19 to 168

Days on the Market Distribution

The number of homes sold in each DOM range

to8989to178178to267267to356356to445445to533533to622622to711711to800800to889889to978978to1,0671,067to1,1561,156to1,2451,245to1,3341,334to1,4221,422to1,5111,511to1,6001,600to1,6891,689to1,778
202475301312312

Average Price Reduction

2%

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.)

-13%to-11%-11%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to22%22%to24%24%to26%
202412163042329251116102964143

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-15%to-12%-12%to-8%-8%to-4%-4%to-1%-1%to3%3%to7%7%to10%10%to14%14%to18%18%to21%21%to25%25%to29%29%to33%33%to36%36%to40%40%to44%44%to47%
2024113651817786311112

Average Discount from Last List

4%

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

-17%to-13%-13%to-10%-10%to-7%-7%to-3%-3%to0%0%to3%3%to7%7%to10%10%to13%13%to17%17%to20%20%to23%23%to27%27%to30%30%to33%33%to37%37%to40%40%to43%43%to47%47%to50%
2024118881354632212

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.