In-depth Real Estate Data: Zip Codes

77318 Research, Pricing, and Statistics

From May 9th, 2024 through November 5th, 2024

Units Sold:

484

Average Sold Price:

$304,381

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

88

The 77318 zip code in Greater Houston offers a diverse range of homes, with 535 active listings averaging $415,738. Home sizes vary from 288 to 5,844 sq ft, and lot sizes range from 1,010 to 448,668 sq ft. With options from starter homes to larger properties, it's a great time to explore this vibrant market!

Active Listings

541

Average List Price

$414,514

Typical List Price

$278k to $480k

Homes Listed per Price Range

A visual list price spectrum representation

$65kto$212k$212kto$359k$359kto$505k$505kto$652k$652kto$799k$799kto$946k$946kto$1.1M$1.1Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.0M
202462232124524612144212

Sold Listings

484

Average Selling Price

$304,381

Typical Selling Price

$60k to $401k

Homes Sold per Price Range

A visual sold price spectrum representation

$19kto$173k$173kto$327k$327kto$481k$481kto$635k$635kto$789k$789kto$943k$943kto$1.1M$1.1Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.6M$2.6Mto$2.8M$2.8Mto$2.9M$2.9Mto$3.1M
20241761239650226332112

Average Sold Price per Sq Ft

$308

Typical Sold Price per Sq Ft

$150 to $197

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$36to$66$66to$97$97to$127$127to$158$158to$188$188to$218$218to$249$249to$279$279to$310$310to$340$340to$371$371to$401$401to$432$432to$462$462to$492$492to$523$523to$553$553to$584$584to$614$614to$645
2024510207812645223764333

Average Days to Sell

88

Typical Days to Sell

2 to 131

Days on the Market Distribution

The number of homes sold in each DOM range

to4848to9696to144144to193193to241241to289289to337337to385385to433433to481482to530530to578578to626626to674674to722722to770770to819819to867867to915915to963
2024262644638192288832113

Average Price Reduction

3%

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.)

-34%to-30%-30%to-25%-25%to-21%-21%to-17%-17%to-13%-13%to-9%-9%to-5%-5%to-1%-1%to3%3%to7%7%to11%11%to15%15%to19%19%to23%23%to27%27%to32%32%to36%36%to40%40%to44%44%to48%
2024111154178592011004126935233

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-21%to-18%-18%to-14%-14%to-11%-11%to-8%-8%to-4%-4%to-1%-1%to2%2%to6%6%to9%9%to13%13%to16%16%to19%19%to23%23%to26%26%to30%30%to33%33%to36%36%to40%40%to43%43%to46%
20241121520220824731301958412213

Average Discount from Last List

2%

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

-23%to-21%-21%to-18%-18%to-16%-16%to-14%-14%to-12%-12%to-9%-9%to-7%-7%to-5%-5%to-2%-2%to0%0%to2%2%to5%5%to7%7%to9%9%to12%12%to14%14%to16%16%to19%19%to21%21%to23%
20241211715221726438219108717

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.