In-depth Real Estate Data: Major Markets

Memorial Research, Pricing, and Statistics

From October 3rd, 2024 through April 1st, 2025

Units Sold:

372

Average Sold Price:

$844,402

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

62

The Memorial market area in Houston offers a diverse range of homes, with prices ranging from $485,000 to $1,850,000. With an average list price of $1,090,981 and home sizes averaging 2,943 sq ft, buyers can find spacious options. Currently, there are 741 homes for sale, making it a vibrant market for both buyers and sellers.

Active Listings

727

Average List Price

$1,026,806

Typical List Price

$219k to $895k

Homes Listed per Price Range

A visual list price spectrum representation

$81kto$1.2M$1.2Mto$2.3M$2.3Mto$3.4M$3.4Mto$4.6M$4.6Mto$5.7M$5.7Mto$6.8M$6.8Mto$7.9M$7.9Mto$9.0M$9.0Mto$10.2M$10.2Mto$11.3M$11.3Mto$12.4M$12.4Mto$13.5M$13.5Mto$14.7M$14.7Mto$15.8M$15.8Mto$16.9M$16.9Mto$18.0M$18.0Mto$19.1M$19.1Mto$20.3M$20.3Mto$21.4M$21.4Mto$22.5M
2025573723516887311112

Sold Listings

372

Average Selling Price

$844,402

Typical Selling Price

$300k to $992k

Homes Sold per Price Range

A visual sold price spectrum representation

$85kto$376k$376kto$667k$667kto$957k$957kto$1.2M$1.2Mto$1.5M$1.5Mto$1.8M$1.8Mto$2.1M$2.1Mto$2.4M$2.4Mto$2.7M$2.7Mto$3.0M$3.0Mto$3.3M$3.3Mto$3.6M$3.6Mto$3.9M$3.9Mto$4.2M$4.2Mto$4.4M$4.4Mto$4.7M$4.7Mto$5.0M$5.0Mto$5.3M$5.3Mto$5.6M$5.6Mto$5.9M
202512698502121181063522132113

Average Sold Price per Sq Ft

$262

Typical Sold Price per Sq Ft

$155 to $316

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$74to$125$125to$176$176to$227$227to$278$278to$329$329to$380$380to$431$431to$483$483to$534$534to$585$585to$636$636to$687$687to$738$738to$789$789to$840$840to$891$891to$942$942to$994$994to$1,045$1,045to$1,096
2025231037846272423127126112

Average Days to Sell

62

Typical Days to Sell

7 to 86

Days on the Market Distribution

The number of homes sold in each DOM range

to3838to7575to113113to151151to189189to226226to264264to302302to339339to377377to415415to452452to490490to528528to566566to603603to641641to679679to716716to754
20252056248161574471112

Average Price Reduction

2%

Typical Price Reduction

0% to 3%

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.)

-11%to-9%-9%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to9%9%to11%11%to13%13%to15%15%to17%17%to19%19%to21%21%to24%24%to26%26%to28%28%to30%30%to32%
20254124970211591472711112734

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

-35%to-31%-31%to-27%-27%to-24%-24%to-20%-20%to-16%-16%to-12%-12%to-8%-8%to-4%-4%to-1%-1%to3%3%to7%7%to11%11%to15%15%to19%19%to22%22%to26%26%to30%30%to34%34%to38%38%to42%
2025111131129134915018169322

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-35%to-31%-31%to-27%-27%to-24%-24%to-20%-20%to-16%-16%to-12%-12%to-8%-8%to-4%-4%to-1%-1%to3%3%to7%7%to11%11%to15%15%to19%19%to22%22%to26%26%to30%30%to34%34%to38%38%to42%
2025111141233165100378622

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.