In-depth Real Estate Data: Local Markets

Second Ward Research, Pricing, and Statistics

From March 23rd, 2024 through September 19th, 2024

Units Sold:

41

Average Sold Price:

$385,003

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

84

The Second Ward local market in Houston offers a diverse range of homes, with 108 active listings averaging $487,460. Prices range from $180,000 to $2,000,000, and homes vary in size from 688 to 6,832 sq ft. With options from builders like Long Lake and Oracle City Homes, it's a great time to explore buying or selling in this vibrant area!

Active Listings

112

Average List Price

$486,288

Typical List Price

$359k to $515k

Homes Listed per Price Range

A visual list price spectrum representation

$180kto$271k$271kto$362k$362kto$453k$453kto$544k$544kto$635k$635kto$726k$726kto$817k$817kto$908k$908kto$999k$999kto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M
202442627311243213

Sold Listings

41

Average Selling Price

$385,003

Typical Selling Price

$260k to $475k

Homes Sold per Price Range

A visual sold price spectrum representation

$170kto$295k$295kto$419k$419kto$544k$544kto$669k$669kto$793k$793kto$918k$918kto$950k
202414111232

Average Sold Price per Sq Ft

$250

Typical Sold Price per Sq Ft

$216 to $258

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$115to$141$141to$168$168to$195$195to$222$222to$249$249to$276$276to$302$302to$319
20242361311212

Average Days to Sell

84

Typical Days to Sell

27 to 121

Days on the Market Distribution

The number of homes sold in each DOM range

3to5858to112112to167167to221221to276276to330330to356
2024199662

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.)

-26%to-23%-23%to-20%-20%to-17%-17%to-14%-14%to-11%-11%to-8%-8%to-5%-5%to-2%-2%to0%0%to3%3%to6%6%to9%9%to12%12%to15%15%to18%18%to21%21%to24%24%to27%27%to30%30%to33%
20241212318204522132

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-2%to2%2%to5%5%to9%9%to13%13%to17%17%to21%21%to24%
2024121652313

Average Discount from Last List

3%

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

-2%to0%0%to2%2%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to17%17%to19%19%to19%
20243151343112

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.