In-depth Real Estate Data: Zip Codes

77050 Research, Pricing, and Statistics

From May 22nd, 2024 through November 18th, 2024

Units Sold:

6

Average Sold Price:

$163,817

Average Sold Discount:

11%

Average Price Reduction:

4%

Average DOM:

53

In the 77050 zip code, there are currently 4 homes for sale, with an average list price of $274,725. Homes range from 1,520 to 3,236 sq ft and lot sizes vary significantly, from 7,076 to 163,350 sq ft. This area offers a mix of properties built between 1981 and 2000, making it an appealing choice for buyers and sellers alike.

Sold Listings

6

Average Selling Price

$163,817

Typical Selling Price

$146k to $198k

Homes Sold per Price Range

A visual sold price spectrum representation

$52kto$111k$111kto$170k$170kto$229k
2024115

Average Sold Price per Sq Ft

Typical Sold Price per Sq Ft

to

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$92to$120$120to$147$147to$175
202415

Average Days to Sell

53

Typical Days to Sell

20 to 85

Days on the Market Distribution

The number of homes sold in each DOM range

3to3636to6868to101
2024214

Average Price Reduction

4%

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.)

0%to3%3%to7%7%to10%10%to14%14%to17%17%to20%
2024121112

Average Discount from Original List

11%

Typical Sold Discount from Original List

0% to 17%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-1%to11%11%to23%23%to35%
2024322

Average Discount from Last List

3%

Typical Sold Discount from Last List

-1% to 0%

Negotiated Disocunts from Final List Price

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

-3%to6%6%to14%14%to23%
202452

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.