In-depth Real Estate Data: Zip Codes

77418 Research, Pricing, and Statistics

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

Units Sold:

66

Average Sold Price:

$498,102

Average Sold Discount:

6%

Average Price Reduction:

4%

Average DOM:

120

In the 77418 zip code of Greater Houston, homebuyers can explore a diverse market with 60 active listings, featuring homes priced from $75,000 to $1,150,000. The average list price is $450,197, with sizes ranging from 900 to 3,840 sq ft. Whether you're looking for a cozy starter home or a spacious property, there’s something for everyone!

Active Listings

60

Average List Price

$450,197

Typical List Price

$274k to $596k

Homes Listed per Price Range

A visual list price spectrum representation

$75kto$239k$239kto$404k$404kto$568k$568kto$732k$732kto$896k$896kto$1.1M$1.1Mto$1.2M
2024630710215

Sold Listings

66

Average Selling Price

$498,102

Typical Selling Price

$272k to $636k

Homes Sold per Price Range

A visual sold price spectrum representation

$56kto$236k$236kto$416k$416kto$596k$596kto$776k$776kto$956k$956kto$1.1M$1.1Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M
202483289321112

Average Sold Price per Sq Ft

$219

Typical Sold Price per Sq Ft

$166 to $262

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$105to$171$171to$238$238to$304$304to$370$370to$437$437to$503$503to$570$570to$636$636to$703$703to$769$769to$835$835to$851
2024191410712

Average Days to Sell

120

Typical Days to Sell

29 to 172

Days on the Market Distribution

The number of homes sold in each DOM range

to7171to142142to213213to284284to354354to425425to496496to567567to638638to709709to780780to805
20243412962112

Average Price Reduction

4%

Typical Price Reduction

0% to 5%

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.)

-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%34%to36%
202418516121093641113

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 12%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-12%to-6%-6%to0%0%to6%6%to12%12%to18%18%to20%
20241181911153

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 7%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-12%to-9%-9%to-5%-5%to-2%-2%to2%2%to5%5%to9%9%to12%12%to15%
20241428121075

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.