In-depth Real Estate Data: Zip Codes

77048 Research, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

132

Average Sold Price:

$250,492

Average Sold Discount:

5%

Average Price Reduction:

1%

Average DOM:

76

In the 77048 zip code, homebuyers can explore a diverse range of properties, with 87 homes currently for sale, averaging $258,492. Sizes vary from 936 to 3,909 sq ft, and lots range from 2,508 to 89,815 sq ft. With options from starter homes to larger residences, there's something for everyone in this vibrant community!

Active Listings

87

Average List Price

$258,492

Typical List Price

$200k to $292k

Homes Listed per Price Range

A visual list price spectrum representation

$105kto$146k$146kto$188k$188kto$229k$229kto$271k$271kto$312k$312kto$354k$354kto$395k$395kto$436k$436kto$478k$478kto$519k$519kto$561k$561kto$602k$602kto$644k$644kto$649k
2024311192024511112

Sold Listings

132

Average Selling Price

$250,492

Typical Selling Price

$210k to $275k

Homes Sold per Price Range

A visual sold price spectrum representation

$35kto$82k$82kto$129k$129kto$176k$176kto$223k$223kto$270k$270kto$317k$317kto$364k$364kto$411k$411kto$458k$458kto$505k$505kto$552k$552kto$599k$599kto$646k$646kto$693k$693kto$740k$740kto$787k$787kto$834k$834kto$881k$881kto$928k$928kto$975k
2024771018443561212

Average Sold Price per Sq Ft

$160

Typical Sold Price per Sq Ft

$135 to $182

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$41to$60$60to$79$79to$98$98to$117$117to$136$136to$155$155to$174$174to$193$193to$212$212to$231$231to$244
2024228492225231368

Average Days to Sell

76

Typical Days to Sell

14 to 93

Days on the Market Distribution

The number of homes sold in each DOM range

to4343to8686to129129to173173to216216to259259to302302to345345to388388to431432to475475to518518to561561to604604to647647to690690to734734to777777to820820to863
20246334184621113

Average Price Reduction

1%

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.)

-18%to-16%-16%to-14%-14%to-11%-11%to-9%-9%to-7%-7%to-5%-5%to-2%-2%to0%0%to2%2%to4%4%to6%6%to9%9%to11%11%to13%13%to15%15%to18%18%to20%20%to22%22%to24%24%to27%
202413415214221333123414

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-20%to-18%-18%to-15%-15%to-13%-13%to-10%-10%to-8%-8%to-5%-5%to-3%-3%to0%0%to2%2%to5%5%to7%7%to10%10%to12%12%to15%15%to17%17%to20%20%to22%22%to24%24%to27%27%to29%
2024141046261783263223

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

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

-20%to-18%-18%to-15%-15%to-13%-13%to-10%-10%to-8%-8%to-5%-5%to-3%-3%to0%0%to2%2%to5%5%to7%7%to10%10%to12%12%to15%15%to17%17%to20%20%to22%22%to24%24%to27%27%to29%
2024131060261742352

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.