In-depth Real Estate Data: Major Markets

Memorial Research, Pricing, and Statistics

From October 24th, 2024 through April 22nd, 2025

Units Sold:

145

Average Sold Price:

$776,804

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

68

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

145

Average Selling Price

$776,804

Typical Selling Price

$286k to $835k

Homes Sold per Price Range

A visual sold price spectrum representation

$85kto$346k$346kto$607k$607kto$867k$867kto$1.1M$1.1Mto$1.4M$1.4Mto$1.6M$1.6Mto$1.9M$1.9Mto$2.2M$2.2Mto$2.4M$2.4Mto$2.7M$2.7Mto$3.0M$3.0Mto$3.2M$3.2Mto$3.5M$3.5Mto$3.7M$3.7Mto$4.0M$4.0Mto$4.3M$4.3Mto$4.5M$4.5Mto$4.8M$4.8Mto$5.0M$5.0Mto$5.3M
202552352393942211212

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$128$128to$181$181to$235$235to$289$289to$343$343to$397$397to$451$451to$504$504to$558$558to$612$612to$666$666to$720$720to$774$774to$827$827to$881$881to$935$935to$989$989to$1,043$1,043to$1,096
202514443414119822312

Average Days to Sell

68

Typical Days to Sell

6 to 92

Days on the Market Distribution

The number of homes sold in each DOM range

to3535to7070to106106to141141to176176to211211to246246to282282to317317to352352to387387to422422to458458to493493to528528to563563to598598to634634to669669to704
2025812016663333212

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

5%

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%
202511610494014676312

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 6%

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%
202512612653814332

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.