In-depth Real Estate Data: Local Markets

South Belt Research, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

518

Average Sold Price:

$278,058

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

58

The South Belt local market in Houston offers a diverse range of homes, with 410 active listings averaging $329,524. Home sizes vary from 576 to 6,852 sq ft, catering to different needs. With prices starting around $284,990, it's a great time to explore buying or selling in this vibrant community!

Active Listings

411

Average List Price

$329,148

Typical List Price

$243k to $365k

Homes Listed per Price Range

A visual list price spectrum representation

$85kto$231k$231kto$377k$377kto$522k$522kto$668k$668kto$814k$814kto$960k$960kto$1.1M$1.1Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.0M
202489231612142112

Sold Listings

518

Average Selling Price

$278,058

Typical Selling Price

$222k to $318k

Homes Sold per Price Range

A visual sold price spectrum representation

$31kto$78k$78kto$125k$125kto$173k$173kto$220k$220kto$267k$267kto$314k$314kto$361k$361kto$409k$409kto$456k$456kto$503k$503kto$550k$550kto$597k$597kto$645k$645kto$692k$692kto$739k$739kto$786k$786kto$833k$833kto$881k$881kto$928k$928kto$975k
2024121525661381226730168934112

Average Sold Price per Sq Ft

$167

Typical Sold Price per Sq Ft

$138 to $183

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$41to$52$52to$63$63to$73$73to$84$84to$95$95to$105$105to$116$116to$126$126to$137$137to$148$148to$158$158to$169$169to$180$180to$190$190to$201$201to$212$212to$222$222to$233$233to$243$243to$244
202422814132033446561764840351413144

Average Days to Sell

58

Typical Days to Sell

8 to 76

Days on the Market Distribution

The number of homes sold in each DOM range

to4343to8686to129129to173173to216216to259259to302302to345345to388388to431432to475475to518518to561561to604604to647647to690690to734734to777777to820820to863
2024326824329158434113

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-21%-21%to-18%-18%to-15%-15%to-13%-13%to-10%-10%to-7%-7%to-5%-5%to-2%-2%to1%1%to3%3%to6%6%to9%9%to11%11%to14%14%to17%17%to19%19%to22%22%to25%25%to27%
202411337984514611954291668534

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-26%to-23%-23%to-19%-19%to-16%-16%to-13%-13%to-10%-10%to-7%-7%to-3%-3%to0%0%to3%3%to6%6%to10%10%to13%13%to16%16%to19%19%to23%23%to26%26%to29%29%to32%32%to36%36%to39%
202411414642161074727138462212

Average Discount from Last List

2%

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

-20%to-17%-17%to-14%-14%to-12%-12%to-9%-9%to-6%-6%to-3%-3%to-1%-1%to2%2%to5%5%to8%8%to11%11%to13%13%to16%16%to19%19%to22%22%to24%24%to27%27%to30%30%to33%33%to36%
202415126024411346191923112

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.