In-depth Real Estate Data: Zip Codes

77407 Research, Pricing, and Statistics

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

Units Sold:

376

Average Sold Price:

$459,999

Average Sold Discount:

4%

Average Price Reduction:

1%

Average DOM:

53

The 77407 zip code in Greater Houston offers a diverse range of homes, with 395 currently for sale, averaging $502,743. Home sizes vary from 1,363 to 8,490 sq ft, and lot sizes range from 3,201 to 65,340 sq ft. With eight active builders, including Coventry and Lennar Homes, there's something for everyone!

Active Listings

398

Average List Price

$503,453

Typical List Price

$375k to $568k

Homes Listed per Price Range

A visual list price spectrum representation

$265kto$386k$386kto$506k$506kto$627k$627kto$748k$748kto$869k$869kto$989k$989kto$1.1M$1.1Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.7M
2024113130972220931112

Sold Listings

376

Average Selling Price

$459,999

Typical Selling Price

$345k to $535k

Homes Sold per Price Range

A visual sold price spectrum representation

$220kto$273k$273kto$325k$325kto$378k$378kto$431k$431kto$483k$483kto$536k$536kto$589k$589kto$641k$641kto$694k$694kto$746k$746kto$799k$799kto$852k$852kto$904k$904kto$957k$957kto$1.0M$1.0Mto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.2M
2024105081664036242114998212112

Average Sold Price per Sq Ft

$186

Typical Sold Price per Sq Ft

$159 to $208

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$105to$116$116to$127$127to$138$138to$149$149to$160$160to$171$171to$182$182to$193$193to$203$203to$214$214to$225$225to$236$236to$247$247to$258$258to$267
20246101240434249575932137212

Average Days to Sell

53

Typical Days to Sell

9 to 72

Days on the Market Distribution

The number of homes sold in each DOM range

to2424to4747to7171to9494to118118to142142to165165to189189to212212to236236to260260to283283to307307to330330to354354to378378to401401to425425to448448to472
20241628037301612137466112

Average Price Reduction

1%

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.)

-25%to-22%-22%to-19%-19%to-16%-16%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to11%11%to14%14%to17%17%to20%20%to23%23%to25%25%to28%28%to31%31%to34%
20241231570515890317212

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to22%22%to24%24%to26%26%to28%28%to30%30%to32%32%to34%
202421528947363402314973122

Average Discount from Last List

3%

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

-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to22%22%to24%24%to26%26%to28%28%to30%30%to32%32%to34%
20242102214597501911845112

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.