In-depth Real Estate Data: Zip Codes

77316 Research, Pricing, and Statistics

From May 7th, 2024 through November 3rd, 2024

Units Sold:

645

Average Sold Price:

$479,685

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

100

The 77316 zip code in Greater Houston offers a diverse real estate market with 550 homes for sale, featuring an average list price of $577,185. Homes range from cozy 3-bedroom options to spacious 4-bedroom properties, with sizes between 756 and 7,116 sq ft. Whether you're buying or selling, this area has something for everyone!

Active Listings

550

Average List Price

$577,185

Typical List Price

$285k to $685k

Homes Listed per Price Range

A visual list price spectrum representation

$93kto$288k$288kto$484k$484kto$679k$679kto$874k$874kto$1.1M$1.1Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.8M$2.8Mto$3.0M$3.0Mto$3.2M$3.2Mto$3.4M$3.4Mto$3.6M$3.6Mto$3.8M$3.8Mto$4.0M
202414218781423117191073321312

Sold Listings

645

Average Selling Price

$479,685

Typical Selling Price

$259k to $588k

Homes Sold per Price Range

A visual sold price spectrum representation

$25kto$214k$214kto$403k$403kto$591k$591kto$780k$780kto$969k$969kto$1.2M$1.2Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.0M$3.0Mto$3.2M$3.2Mto$3.4M$3.4Mto$3.6M$3.6Mto$3.8M
202483285121733024874221132

Average Sold Price per Sq Ft

$212

Typical Sold Price per Sq Ft

$162 to $242

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$56to$93$93to$130$130to$166$166to$203$203to$240$240to$277$277to$314$314to$351$351to$387$387to$424$424to$461$461to$498$498to$535$535to$572$572to$609$609to$645$645to$682$682to$719$719to$756$756to$793
2024341166193904199233231212

Average Days to Sell

100

Typical Days to Sell

20 to 149

Days on the Market Distribution

The number of homes sold in each DOM range

to3838to7575to113113to150150to188188to226226to263263to301301to338338to376376to414414to451451to489489to526526to564564to602602to639639to677677to714714to752
2024227124864850422512372823124

Average Price Reduction

2%

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.)

-48%to-44%-44%to-39%-39%to-35%-35%to-30%-30%to-26%-26%to-21%-21%to-17%-17%to-12%-12%to-8%-8%to-3%-3%to1%1%to6%6%to10%10%to15%15%to19%19%to24%24%to28%28%to33%33%to37%37%to42%
20241123891635220060226117

Average Discount from Original List

6%

Typical Sold Discount from Original List

1% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-35%to-31%-31%to-27%-27%to-23%-23%to-19%-19%to-15%-15%to-11%-11%to-7%-7%to-3%-3%to1%1%to5%5%to9%9%to13%13%to17%17%to21%21%to25%25%to29%29%to33%33%to37%37%to41%41%to45%
202411115129195148883818911124

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

-20%to-17%-17%to-14%-14%to-10%-10%to-7%-7%to-4%-4%to0%0%to3%3%to6%6%to10%10%to13%13%to16%16%to20%20%to23%23%to26%26%to29%29%to33%33%to36%36%to39%39%to43%43%to46%
20241125363501286826115531112

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.