In-depth Real Estate Data: Zip Codes

77406 Research, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

494

Average Sold Price:

$493,438

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

54

The 77406 zip code in Greater Houston offers a diverse real estate market with 465 homes currently for sale, featuring an average list price of $609,198. Home sizes range from 977 to 11,599 sq ft, catering to various needs. With active builders like DR Horton and Lennar Homes, it's an excellent time for buyers and sellers alike!

Active Listings

465

Average List Price

$609,198

Typical List Price

$375k to $600k

Homes Listed per Price Range

A visual list price spectrum representation

$259kto$446k$446kto$632k$632kto$819k$819kto$1.0M$1.0Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.6M$1.6Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.1M$3.1Mto$3.2M$3.2Mto$3.4M$3.4Mto$3.6M$3.6Mto$3.8M$3.8Mto$4.0M
2024227135402338641222332212

Sold Listings

494

Average Selling Price

$493,438

Typical Selling Price

$350k to $559k

Homes Sold per Price Range

A visual sold price spectrum representation

$132kto$247k$247kto$363k$363kto$479k$479kto$595k$595kto$711k$711kto$827k$827kto$943k$943kto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.5M
2024914216871532087335222

Average Sold Price per Sq Ft

$193

Typical Sold Price per Sq Ft

$160 to $199

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$95to$131$131to$167$167to$203$203to$239$239to$275$275to$311$311to$347$347to$384$384to$420$420to$456$456to$492$492to$528$528to$564$564to$600$600to$636$636to$672$672to$708$708to$744$744to$780$780to$816
20241418021552543112

Average Days to Sell

54

Typical Days to Sell

8 to 74

Days on the Market Distribution

The number of homes sold in each DOM range

to3535to7171to106106to141141to177177to212212to247247to283283to318318to354354to389389to424424to460460to495495to530530to566566to601601to636636to672672to707
202429074562415172471212

Average Price Reduction

2%

Typical Price Reduction

0% to 3%

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.)

-43%to-38%-38%to-33%-33%to-29%-29%to-24%-24%to-20%-20%to-15%-15%to-10%-10%to-6%-6%to-1%-1%to3%3%to8%8%to13%13%to17%17%to22%22%to26%26%to31%31%to36%36%to40%40%to45%45%to49%
20241111893822143144112

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-24%to-20%-20%to-17%-17%to-13%-13%to-9%-9%to-6%-6%to-2%-2%to2%2%to5%5%to9%9%to13%13%to16%16%to20%20%to24%24%to27%27%to31%31%to35%35%to38%38%to42%42%to46%46%to49%
20241111915514710045125111112

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

-24%to-22%-22%to-20%-20%to-18%-18%to-16%-16%to-14%-14%to-12%-12%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to9%9%to11%11%to13%13%to15%15%to17%
2024111527143122107412011736

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.