In-depth Real Estate Data: Zip Codes

77002 Research, Pricing, and Statistics

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

Units Sold:

33

Average Sold Price:

$300,245

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

89

In the 77002 zip code of Greater Houston, there are currently 78 homes for sale, with prices ranging from $198,990 to $480,000. The average list price is $345,533, and homes typically feature 1 to 2 bedrooms and sizes averaging 1,293 sq ft. With diverse options available, it's a great time to explore buying or selling in this vibrant area!

Active Listings

78

Average List Price

$345,533

Typical List Price

$238k to $432k

Homes Listed per Price Range

A visual list price spectrum representation

$130kto$220k$220kto$310k$310kto$401k$401kto$491k$491kto$582k$582kto$672k$672kto$695k
202413222014335

Sold Listings

33

Average Selling Price

$300,245

Typical Selling Price

$235k to $333k

Homes Sold per Price Range

A visual sold price spectrum representation

$110kto$171k$171kto$232k$232kto$293k$293kto$354k$354kto$415k$415kto$476k$476kto$537k$537kto$598k$598kto$640k
2024441171232

Average Sold Price per Sq Ft

$278

Typical Sold Price per Sq Ft

$229 to $313

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$141to$175$175to$209$209to$243$243to$277$277to$311$311to$345$345to$379$379to$406
202443811413

Average Days to Sell

89

Typical Days to Sell

21 to 101

Days on the Market Distribution

The number of homes sold in each DOM range

1to5151to101101to151151to201201to250250to300300to350350to400400to450450to482
202417723122

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.)

0%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to10%10%to12%12%to13%13%to15%15%to16%16%to18%18%to19%19%to21%21%to22%22%to24%24%to25%25%to27%27%to28%28%to30%
2024988674811114

Average Discount from Original List

6%

Typical Sold Discount from Original List

1% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-3%to0%0%to4%4%to8%8%to12%12%to16%16%to20%20%to23%23%to27%27%to30%
20245138413

Average Discount from Last List

4%

Typical Sold Discount from Last List

1% to 5%

Negotiated Disocunts from Final List Price

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

-3%to-1%-1%to2%2%to4%4%to7%7%to9%9%to12%12%to14%14%to17%17%to19%19%to22%22%to24%24%to27%27%to29%29%to30%
20241101045112

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.