In-depth Real Estate Data: Zip Codes

77027 Research, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

106

Average Sold Price:

$1,145,963

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

95

In the 77027 zip code of Greater Houston, homebuyers can explore a diverse market with 136 homes for sale, ranging from $120,000 to $7,295,000. The average list price is $1,304,821, with homes averaging 2,773 sq ft. Whether you're looking for a cozy 2-bedroom or a spacious 4-bedroom, there’s something for everyone!

Active Listings

136

Average List Price

$1,304,821

Typical List Price

$327k to $1,739k

Homes Listed per Price Range

A visual list price spectrum representation

$120kto$669k$669kto$1.2M$1.2Mto$1.8M$1.8Mto$2.3M$2.3Mto$2.9M$2.9Mto$3.4M$3.4Mto$4.0M$4.0Mto$4.5M$4.5Mto$5.1M$5.1Mto$5.6M$5.6Mto$6.2M$6.2Mto$6.7M$6.7Mto$7.3M$7.3Mto$7.3M
20245332199483514

Sold Listings

106

Average Selling Price

$1,145,963

Typical Selling Price

$497k to $1,388k

Homes Sold per Price Range

A visual sold price spectrum representation

$110kto$487k$487kto$864k$864kto$1.2M$1.2Mto$1.6M$1.6Mto$2.0M$2.0Mto$2.4M$2.4Mto$2.7M$2.7Mto$3.1M$3.1Mto$3.5M$3.5Mto$3.9M$3.9Mto$4.3M$4.3Mto$4.6M$4.6Mto$5.0M$5.0Mto$5.1M
2024262024155532412

Average Sold Price per Sq Ft

$400

Typical Sold Price per Sq Ft

$248 to $528

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$98to$197$197to$296$296to$394$394to$493$493to$592$592to$691$691to$790$790to$881
20241031162216316

Average Days to Sell

95

Typical Days to Sell

8 to 140

Days on the Market Distribution

The number of homes sold in each DOM range

to5656to112112to168168to224224to279279to335335to391391to447447to503503to559559to615615to671671to725
2024601213584212

Average Price Reduction

2%

Typical Price Reduction

0% to 1%

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.)

-24%to-21%-21%to-18%-18%to-15%-15%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to10%10%to13%13%to16%16%to19%19%to22%22%to25%25%to28%28%to30%30%to33%
20241122728186467112

Average Discount from Original List

6%

Typical Sold Discount from Original List

1% to 10%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-30%to-27%-27%to-23%-23%to-20%-20%to-16%-16%to-13%-13%to-9%-9%to-6%-6%to-2%-2%to1%1%to5%5%to8%8%to12%12%to15%15%to19%19%to22%22%to25%25%to29%29%to32%32%to33%
202411121272210745312

Average Discount from Last List

4%

Typical Sold Discount from Last List

1% to 7%

Negotiated Disocunts from Final List Price

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

-30%to-27%-27%to-24%-24%to-22%-22%to-19%-19%to-16%-16%to-13%-13%to-11%-11%to-8%-8%to-5%-5%to-2%-2%to0%0%to3%3%to6%6%to9%9%to11%11%to14%14%to17%17%to19%
2024111232816159832

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.