In-depth Real Estate Data: Zip Codes

77051 Research, Pricing, and Statistics

From May 28th, 2024 through November 24th, 2024

Units Sold:

145

Average Sold Price:

$241,284

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

83

In the 77051 zip code of Greater Houston, homebuyers can explore 157 active listings with prices ranging from $85,000 to $625,000. The average home size is 1,849 sq ft, featuring lots averaging 4,911 sq ft. With diverse options from various builders, it's a promising area for both buying and selling!

Active Listings

161

Average List Price

$304,334

Typical List Price

$210k to $360k

Homes Listed per Price Range

A visual list price spectrum representation

$75kto$130k$130kto$185k$185kto$240k$240kto$296k$296kto$351k$351kto$406k$406kto$461k$461kto$516k$516kto$571k$571kto$626k$626kto$682k$682kto$700k
202492321174220145452

Sold Listings

145

Average Selling Price

$241,284

Typical Selling Price

$110k to $350k

Homes Sold per Price Range

A visual sold price spectrum representation

$25kto$116k$116kto$208k$208kto$299k$299kto$390k$390kto$482k$482kto$573k$573kto$600k
2024422919321465

Average Sold Price per Sq Ft

$166

Typical Sold Price per Sq Ft

$147 to $188

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$43to$61$61to$79$79to$97$97to$115$115to$133$133to$150$150to$168$168to$186$186to$204$204to$222$222to$240$240to$257$257to$270
2024167141420311132

Average Days to Sell

83

Typical Days to Sell

13 to 116

Days on the Market Distribution

The number of homes sold in each DOM range

to3939to7878to118118to157157to196196to235235to274274to314314to353353to392392to431431to471471to510510to549549to588588to627627to667667to677
2024672517168612112

Average Price Reduction

2%

Typical Price Reduction

0% to 2%

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.)

-28%to-25%-25%to-21%-21%to-18%-18%to-15%-15%to-12%-12%to-8%-8%to-5%-5%to-2%-2%to2%2%to5%5%to8%8%to11%11%to15%15%to18%18%to21%21%to24%24%to28%28%to31%31%to34%34%to38%
202411362773131156751232

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-22%to-19%-19%to-15%-15%to-12%-12%to-8%-8%to-5%-5%to-1%-1%to2%2%to5%5%to9%9%to12%12%to16%16%to19%19%to23%23%to26%26%to30%30%to33%33%to37%37%to40%40%to43%43%to47%
202431746272583654122

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

-22%to-19%-19%to-16%-16%to-13%-13%to-10%-10%to-7%-7%to-3%-3%to0%0%to3%3%to6%6%to9%9%to12%12%to15%15%to19%19%to22%22%to25%25%to28%28%to31%31%to34%34%to37%37%to41%
2024336772411835312

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.