In-depth Real Estate Data: Major Markets

University Research, Pricing, and Statistics

From May 13th, 2024 through November 9th, 2024

Units Sold:

580

Average Sold Price:

$173,629

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

87

The University market area in Houston offers a diverse selection of homes, with 498 properties currently available, averaging $414,249. Home sizes range from 432 to 12,000 sq ft, catering to various needs. With active builders like Starter Homes of Texas and NJA Homes, it's an ideal time to explore buying or selling in this vibrant community.

Active Listings

501

Average List Price

$414,323

Typical List Price

$285k to $479k

Homes Listed per Price Range

A visual list price spectrum representation

$96kto$221k$221kto$346k$346kto$472k$472kto$597k$597kto$722k$722kto$847k$847kto$972k$972kto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.6M
2024701161876724185514122

Sold Listings

580

Average Selling Price

$173,629

Typical Selling Price

$2k to $326k

Homes Sold per Price Range

A visual sold price spectrum representation

$600to$151k$151kto$301k$301kto$451k$451kto$600k$600kto$750k$750kto$900k$900kto$1.1M$1.1Mto$1.2M$1.2Mto$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
2024326941103744222

Average Sold Price per Sq Ft

$210

Typical Sold Price per Sq Ft

$170 to $233

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

to$45$45to$91$91to$136$136to$181$181to$227$227to$272$272to$317$317to$363$363to$408$408to$454$454to$499$499to$544$544to$579
202425214337785325112

Average Days to Sell

87

Typical Days to Sell

20 to 107

Days on the Market Distribution

The number of homes sold in each DOM range

to4040to8181to121121to161161to202202to242242to282282to322322to363363to403403to443443to484484to524524to564564to604605to645645to685685to725725to766766to806
202425811975402821108343222222

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.)

-26%to-23%-23%to-19%-19%to-15%-15%to-11%-11%to-8%-8%to-4%-4%to0%0%to3%3%to7%7%to11%11%to15%15%to18%18%to22%22%to26%26%to29%29%to33%33%to37%37%to41%41%to44%44%to48%
20241115231,042139683629131022213

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

-42%to-38%-38%to-34%-34%to-29%-29%to-25%-25%to-20%-20%to-16%-16%to-11%-11%to-7%-7%to-2%-2%to2%2%to7%7%to11%11%to15%15%to20%20%to24%24%to29%29%to33%33%to38%38%to42%42%to47%
202411164172671196733162565125

Average Discount from Last List

2%

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

-42%to-38%-38%to-34%-34%to-29%-29%to-25%-25%to-20%-20%to-16%-16%to-11%-11%to-7%-7%to-2%-2%to2%2%to7%7%to11%11%to15%15%to20%20%to24%24%to29%29%to33%33%to38%38%to42%42%to47%
202411145173739635141311522

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.