In-depth Real Estate Data: Local Markets

Independence Heights Research, Pricing, and Statistics

From May 18th, 2024 through November 14th, 2024

Units Sold:

133

Average Sold Price:

$367,700

Average Sold Discount:

4%

Average Price Reduction:

1%

Average DOM:

111

Independence Heights offers a diverse real estate market with 216 homes currently for sale, featuring prices ranging from $125,000 to $1,300,000. With an average list price of $437,565, homes vary in size from 624 to 4,200 sq ft. Whether you're buying or selling, this area has options to suit various budgets and preferences.

Active Listings

217

Average List Price

$439,627

Typical List Price

$350k to $496k

Homes Listed per Price Range

A visual list price spectrum representation

$125kto$183k$183kto$241k$241kto$298k$298kto$356k$356kto$414k$414kto$472k$472kto$529k$529kto$587k$587kto$645k$645kto$703k$703kto$760k$760kto$818k$818kto$876k$876kto$934k$934kto$991k$991kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.2M$1.2Mto$1.3M
202441418264937251311832323

Sold Listings

133

Average Selling Price

$367,700

Typical Selling Price

$277k to $425k

Homes Sold per Price Range

A visual sold price spectrum representation

$75kto$236k$236kto$398k$398kto$559k$559kto$720k$720kto$881k$881kto$1.0M$1.0Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.7M$2.7Mto$2.8M$2.8Mto$3.0M$3.0Mto$3.1M$3.1Mto$3.3M
202428594142

Average Sold Price per Sq Ft

$247

Typical Sold Price per Sq Ft

$214 to $256

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$82to$109$109to$135$135to$161$161to$187$187to$213$213to$240$240to$266$266to$292$292to$318$318to$344$344to$370$370to$397$397to$423$423to$449$449to$475$475to$501$501to$528$528to$554$554to$580$580to$606
2024345142746114111112

Average Days to Sell

111

Typical Days to Sell

12 to 178

Days on the Market Distribution

The number of homes sold in each DOM range

to6565to130130to195195to260260to325325to390390to455455to520520to538
20247611171256412

Average Price Reduction

1%

Typical Price Reduction

0% to 1%

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.)

-17%to-15%-15%to-13%-13%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to1%1%to3%3%to5%5%to7%7%to9%9%to12%12%to14%14%to16%16%to18%18%to20%20%to23%23%to25%25%to27%
2024127372803329225685233

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-15%to-13%-13%to-10%-10%to-8%-8%to-5%-5%to-3%-3%to-1%-1%to2%2%to4%4%to6%6%to9%9%to11%11%to13%13%to16%16%to18%18%to20%20%to23%23%to25%25%to27%27%to30%30%to32%
202411213483316107222213

Average Discount from Last List

3%

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

-8%to-6%-6%to-5%-5%to-3%-3%to-1%-1%to1%1%to2%2%to4%4%to6%6%to7%7%to9%9%to11%11%to12%12%to14%14%to16%16%to18%18%to19%19%to21%21%to23%23%to24%24%to26%
2024111355221711651321112

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.