In-depth Real Estate Data: Zip Codes

77423 Research, Pricing, and Statistics

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

Units Sold:

316

Average Sold Price:

$414,240

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

61

The 77423 zip code in Greater Houston offers a diverse range of homes, with 343 active listings priced from $179,000 to $1,200,000. Average home prices sit around $471,360, featuring sizes from 1,092 to 4,537 sq ft. With 14 builders, including DR Horton and Perry Homes, there's something for every buyer!

Active Listings

346

Average List Price

$473,039

Typical List Price

$340k to $564k

Homes Listed per Price Range

A visual list price spectrum representation

$170kto$255k$255kto$341k$341kto$426k$426kto$511k$511kto$596k$596kto$682k$682kto$767k$767kto$852k$852kto$937k$937kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M
2024780865453341310411112

Sold Listings

316

Average Selling Price

$414,240

Typical Selling Price

$311k to $476k

Homes Sold per Price Range

A visual sold price spectrum representation

$50kto$142k$142kto$233k$233kto$325k$325kto$416k$416kto$508k$508kto$599k$599kto$691k$691kto$782k$782kto$874k$874kto$965k$965kto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M
202491084100521626132122

Average Sold Price per Sq Ft

$188

Typical Sold Price per Sq Ft

$165 to $199

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$102to$187$187to$272$272to$356$356to$441$441to$526$526to$611$611to$696$696to$780$780to$865$865to$950$950to$1,035$1,035to$1,119$1,119to$1,204$1,204to$1,289$1,289to$1,374$1,374to$1,459$1,459to$1,543$1,543to$1,628$1,628to$1,713$1,713to$1,798
2024232643112

Average Days to Sell

61

Typical Days to Sell

12 to 79

Days on the Market Distribution

The number of homes sold in each DOM range

to4949to9797to146146to194194to243243to291291to340340to388388to437437to486486to534534to583583to631631to680680to728728to777777to825825to874874to922922to971
20242084727183541112

Average Price Reduction

3%

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.)

-40%to-36%-36%to-32%-32%to-28%-28%to-23%-23%to-19%-19%to-15%-15%to-11%-11%to-7%-7%to-3%-3%to2%2%to6%6%to10%10%to14%14%to18%18%to22%22%to27%27%to31%31%to35%35%to39%39%to43%
2024116501292149265412

Average Discount from Original List

5%

Typical Sold Discount from Original List

2% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-4%to-2%-2%to0%0%to3%3%to5%5%to7%7%to10%10%to12%12%to14%14%to17%17%to19%19%to21%21%to24%24%to26%26%to28%28%to31%31%to33%33%to35%35%to38%38%to40%40%to42%
20245524769673320653111111112

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

-9%to-6%-6%to-4%-4%to-1%-1%to2%2%to4%4%to7%7%to9%9%to12%12%to14%14%to17%17%to19%19%to22%22%to25%25%to27%27%to30%30%to32%32%to35%35%to37%37%to40%40%to42%
202411241526935138513113

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.