In-depth Real Estate Data: Zip Codes

77023 Research, Pricing, and Statistics

From May 9th, 2024 through November 5th, 2024

Units Sold:

75

Average Sold Price:

$360,705

Average Sold Discount:

6%

Average Price Reduction:

3%

Average DOM:

74

In the 77023 zip code of Greater Houston, there are currently 124 homes for sale, with an average list price of $424,397. Homes range from cozy 504 sq ft to spacious 10,374 sq ft, and prices start at $199,000, going up to $1,250,000. With diverse options, it's a great time to explore buying or selling in this vibrant area!

Active Listings

124

Average List Price

$424,397

Typical List Price

$317k to $480k

Homes Listed per Price Range

A visual list price spectrum representation

$199kto$264k$264kto$330k$330kto$395k$395kto$460k$460kto$525k$525kto$591k$591kto$656k$656kto$721k$721kto$786k$786kto$852k$852kto$917k$917kto$982k$982kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.3M
2024201430261093513112

Sold Listings

75

Average Selling Price

$360,705

Typical Selling Price

$273k to $453k

Homes Sold per Price Range

A visual sold price spectrum representation

$80kto$165k$165kto$251k$251kto$336k$336kto$421k$421kto$507k$507kto$592k$592kto$678k$678kto$763k$763kto$800k
2024610152112732

Average Sold Price per Sq Ft

$237

Typical Sold Price per Sq Ft

$190 to $262

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$63to$94$94to$126$126to$157$157to$188$188to$220$220to$251$251to$283$283to$314$314to$333
2024128151614942

Average Days to Sell

74

Typical Days to Sell

11 to 108

Days on the Market Distribution

The number of homes sold in each DOM range

1to4747to9393to140140to186186to232232to278278to325325to371371to417417to451
202442125841112

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

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.)

-13%to-11%-11%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to22%22%to24%24%to26%
2024111629191697465124

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-8%to-5%-5%to-1%-1%to2%2%to5%5%to9%9%to12%12%to15%15%to19%19%to22%22%to25%25%to29%29%to32%32%to35%35%to39%39%to42%42%to45%
2024232615143421114

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

-8%to-6%-6%to-3%-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%
20242243016942114

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.