In-depth Real Estate Data: Local Markets

Rice Military Research, Pricing, and Statistics

From July 11th, 2024 through January 7th, 2025

Units Sold:

239

Average Sold Price:

$319,128

Average Sold Discount:

3%

Average Price Reduction:

1%

Average DOM:

53

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

198

Average List Price

$652,161

Typical List Price

$500k to $724k

Homes Listed per Price Range

A visual list price spectrum representation

$215kto$304k$304kto$393k$393kto$483k$483kto$572k$572kto$661k$661kto$750k$750kto$840k$840kto$929k$929kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M
2025752166332414561193112

Sold Listings

239

Average Selling Price

$319,128

Typical Selling Price

$3k to $536k

Homes Sold per Price Range

A visual sold price spectrum representation

$900to$173k$173kto$345k$345kto$516k$516kto$688k$688kto$860k$860kto$1.0M$1.0Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M
202510675843114632

Average Sold Price per Sq Ft

$267

Typical Sold Price per Sq Ft

$221 to $287

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$77$77to$153$153to$229$229to$305$305to$381$381to$457$457to$517
20251056057842

Average Days to Sell

53

Typical Days to Sell

10 to 66

Days on the Market Distribution

The number of homes sold in each DOM range

to3535to7070to106106to141141to176176to211211to246246to282282to317317to352352to387387to422422to458458to493493to528528to563563to598598to634634to669669to704
202514939237733221112

Average Price Reduction

1%

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.)

-41%to-38%-38%to-36%-36%to-33%-33%to-30%-30%to-27%-27%to-24%-24%to-21%-21%to-18%-18%to-15%-15%to-12%-12%to-9%-9%to-6%-6%to-3%-3%to0%0%to3%3%to6%6%to9%9%to12%12%to15%15%to18%
202511118035337422

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

-24%to-21%-21%to-19%-19%to-16%-16%to-14%-14%to-11%-11%to-9%-9%to-6%-6%to-3%-3%to-1%-1%to2%2%to4%4%to7%7%to9%9%to12%12%to15%15%to17%17%to20%20%to22%22%to25%25%to27%
2025113711110363216106322

Average Discount from Last List

1%

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

-11%to-9%-9%to-8%-8%to-7%-7%to-6%-6%to-4%-4%to-3%-3%to-2%-2%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to7%7%to9%9%to10%10%to11%11%to13%13%to14%14%to15%
2025122157811928181216654322

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.