In-depth Real Estate Data: Zip Codes

77503 Research, Pricing, and Statistics

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

Units Sold:

52

Average Sold Price:

$233,291

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

46

In the 77503 zip code of Greater Houston, there are currently 36 homes for sale, with an average list price of $276,622. Homes range from 1,010 to 3,195 sq ft and typically feature 3 to 4 bedrooms. With lot sizes averaging 11,226 sq ft, buyers can find spacious properties in this vibrant community.

Active Listings

36

Average List Price

$276,622

Typical List Price

$210k to $304k

Homes Listed per Price Range

A visual list price spectrum representation

$75kto$132k$132kto$189k$189kto$245k$245kto$302k$302kto$359k$359kto$416k$416kto$472k$472kto$529k$529kto$586k$586kto$643k$643kto$699k$699kto$756k$756kto$779k
20241317642112

Sold Listings

52

Average Selling Price

$233,291

Typical Selling Price

$205k to $261k

Homes Sold per Price Range

A visual sold price spectrum representation

$13kto$43k$43kto$73k$73kto$103k$103kto$133k$133kto$164k$164kto$194k$194kto$224k$224kto$254k$254kto$284k$284kto$315k$315kto$345k$345kto$375k$375kto$390k
20241143121664222

Average Sold Price per Sq Ft

$178

Typical Sold Price per Sq Ft

$134 to $202

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$59to$77$77to$94$94to$111$111to$129$129to$146$146to$163$163to$181$181to$198$198to$215$215to$233$233to$234
2024125121575212

Average Days to Sell

46

Typical Days to Sell

7 to 61

Days on the Market Distribution

The number of homes sold in each DOM range

to2929to5858to8686to115115to144144to173173to195
2024271134242

Average Price Reduction

2%

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.)

-5%to-3%-3%to-2%-2%to0%0%to2%2%to3%3%to5%5%to7%7%to8%8%to10%10%to12%12%to14%14%to15%15%to17%17%to19%19%to20%20%to22%22%to24%24%to25%25%to27%27%to29%
20243804668413112

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

-5%to-1%-1%to2%2%to6%6%to9%9%to13%13%to17%17%to20%20%to24%24%to27%27%to29%
202472091021112

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

-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to8%8%to10%10%to10%
20243418117523

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.