In-depth Real Estate Data: Local Markets

Medical Center Research, Pricing, and Statistics

From August 6th, 2024 through February 2nd, 2025

Units Sold:

268

Average Sold Price:

$169,904

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

53

The Medical Center local market in Houston offers a diverse range of homes, with 288 properties currently for sale. Prices range from $59,999 to $1,300,000, with an average list price of $316,108. Homes vary in size from 420 to 4,528 sq ft, making it an appealing area for buyers and sellers alike.

Active Listings

301

Average List Price

$330,041

Typical List Price

$130k to $435k

Homes Listed per Price Range

A visual list price spectrum representation

$59kto$150k$150kto$241k$241kto$332k$332kto$423k$423kto$514k$514kto$605k$605kto$696k$696kto$787k$787kto$878k$878kto$969k$969kto$1.1M$1.1Mto$1.2M$1.2Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.8M
202510264282528141252434231212

Sold Listings

268

Average Selling Price

$169,904

Typical Selling Price

$2k to $281k

Homes Sold per Price Range

A visual sold price spectrum representation

$799to$87k$87kto$174k$174kto$261k$261kto$347k$347kto$434k$434kto$521k$521kto$607k$607kto$694k$694kto$781k$781kto$867k$867kto$954k$954kto$1.0M$1.0Mto$1.1M
2025138401523524863313

Average Sold Price per Sq Ft

$210

Typical Sold Price per Sq Ft

$143 to $238

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

to$60$60to$121$121to$181$181to$241$241to$301$301to$361$361to$421$421to$482$482to$490
2025130174148316552

Average Days to Sell

53

Typical Days to Sell

13 to 69

Days on the Market Distribution

The number of homes sold in each DOM range

to1919to3939to5858to7777to9696to116116to135135to154154to173173to193193to212212to231231to250250to270270to289289to308308to327327to347347to366366to385
202510152371913175633211221112

Average Price Reduction

2%

Typical Price Reduction

0% to 2%

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.)

-18%to-15%-15%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-2%-2%to1%1%to4%4%to7%7%to9%9%to12%12%to15%15%to18%18%to20%20%to23%23%to26%26%to29%29%to31%31%to34%34%to37%
2025111225446281176541112

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-12%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to11%11%to14%14%to17%17%to20%20%to23%23%to26%26%to29%29%to32%32%to35%35%to38%38%to41%41%to44%44%to47%
202512171293847179522212112

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

-12%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to11%11%to14%14%to17%17%to20%20%to23%23%to26%26%to29%29%to32%32%to35%35%to38%38%to41%41%to44%44%to47%
20251217166403082521112

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.