In-depth Real Estate Data: Zip Codes

77505 Research, Pricing, and Statistics

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

Units Sold:

109

Average Sold Price:

$324,020

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

69

The 77505 zip code in Greater Houston offers a diverse real estate market with 61 homes currently for sale. Average list prices are around $383,173, with homes ranging from 938 to 5,000 sq ft. Buyers can find properties built between 1983 and 2003, featuring 3 to 4 bedrooms and lot sizes averaging 10,172 sq ft.

Active Listings

61

Average List Price

$383,173

Typical List Price

$275k to $420k

Homes Listed per Price Range

A visual list price spectrum representation

$200kto$275k$275kto$350k$350kto$425k$425kto$500k$500kto$575k$575kto$650k$650kto$725k$725kto$800k$800kto$875k$875kto$950k$950kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.6M$1.6Mto$1.7M
2024141715111112

Sold Listings

109

Average Selling Price

$324,020

Typical Selling Price

$265k to $360k

Homes Sold per Price Range

A visual sold price spectrum representation

$85kto$166k$166kto$247k$247kto$327k$327kto$408k$408kto$489k$489kto$570k$570kto$650k$650kto$731k$731kto$812k$812kto$893k$893kto$973k$973kto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M
202431449291212

Average Sold Price per Sq Ft

$171

Typical Sold Price per Sq Ft

$141 to $179

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$104to$114$114to$123$123to$132$132to$141$141to$150$150to$159$159to$168$168to$178$178to$187$187to$196$196to$205$205to$214$214to$219
20242454921241547412

Average Days to Sell

69

Typical Days to Sell

8 to 106

Days on the Market Distribution

The number of homes sold in each DOM range

to4141to8282to123123to164164to205205to246246to287287to328328to369369to410410to451451to492492to533533to574574to584
20245815161211322

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.)

-2%to-1%-1%to1%1%to2%2%to3%3%to5%5%to6%6%to7%7%to9%9%to10%10%to11%11%to13%13%to14%14%to15%15%to17%17%to18%18%to19%19%to21%21%to22%22%to23%23%to24%
202411321116127841325412

Average Discount from Original List

5%

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-2%-2%to1%1%to4%4%to7%7%to10%10%to12%12%to15%15%to18%18%to21%21%to24%24%to27%27%to29%29%to32%32%to35%
2024433301437147222

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 3%

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%to7%7%to9%9%to11%11%to13%13%to15%15%to17%17%to19%19%to21%21%to23%23%to25%25%to27%27%to29%29%to31%31%to33%33%to35%
202437452214823212

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.