In-depth Real Estate Data: Local Markets

Rice Military Research, Pricing, and Statistics

From May 28th, 2024 through November 24th, 2024

Units Sold:

178

Average Sold Price:

$579,494

Average Sold Discount:

2%

Average DOM:

82

The Rice Military market in Houston offers a diverse range of homes, with 159 properties currently available. Prices range from $220,000 to $2,000,000, with an average list price of $652,334. Homes typically span 2,429 sq ft, making it an attractive area for buyers and sellers alike.

Active Listings

159

Average List Price

$652,334

Typical List Price

$499k to $730k

Homes Listed per Price Range

A visual list price spectrum representation

$220kto$305k$305kto$391k$391kto$476k$476kto$561k$561kto$647k$647kto$732k$732kto$817k$817kto$903k$903kto$988k$988kto$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$1.7M
202477145025171163426332

Sold Listings

178

Average Selling Price

$579,494

Typical Selling Price

$455k to $640k

Homes Sold per Price Range

A visual sold price spectrum representation

$212kto$278k$278kto$344k$344kto$409k$409kto$475k$475kto$541k$541kto$607k$607kto$672k$672kto$738k$738kto$804k$804kto$870k$870kto$936k$936kto$1.0M$1.0Mto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.5M
2024321734352923126351111123

Average Sold Price per Sq Ft

$270

Typical Sold Price per Sq Ft

$226 to $290

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$171to$186$186to$202$202to$218$218to$233$233to$249$249to$265$265to$280$280to$296$296to$312$312to$327$327to$343$343to$359$359to$375$375to$390$390to$406$406to$422$422to$437$437to$441
202481424272537184547122

Average Days to Sell

82

Typical Days to Sell

7 to 96

Days on the Market Distribution

The number of homes sold in each DOM range

to3535to7070to106106to141141to176176to211211to246246to282282to317317to352352to387387to422422to458458to493493to528528to563563to598598to634634to669669to704
202497289879423232113

Average Discount from Original List

2%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-8%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to10%10%to11%11%to13%13%to14%14%to16%16%to18%18%to19%
2024132421552825151252213

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 3%

Negotiated Disocunts from Final List Price

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

-8%to-7%-7%to-6%-6%to-4%-4%to-3%-3%to-2%-2%to-1%-1%to1%1%to2%2%to3%3%to4%4%to6%6%to7%7%to8%8%to9%9%to10%10%to12%12%to13%13%to14%14%to15%15%to17%
202412214154631281715741212

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.