In-depth Real Estate Data: Zip Codes

77506 Research, Pricing, and Statistics

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

Units Sold:

71

Average Sold Price:

$189,358

Average Sold Discount:

9%

Average Price Reduction:

4%

Average DOM:

70

In the 77506 zip code of Greater Houston, there are currently 52 homes for sale, with an average list price of $215,811. Homes typically range from 776 to 6,799 sq ft and feature 3 to 4 bedrooms. With lot sizes averaging 7,622 sq ft, this area offers diverse options for buyers and sellers alike.

Active Listings

52

Average List Price

$215,811

Typical List Price

$159k to $249k

Homes Listed per Price Range

A visual list price spectrum representation

$59kto$107k$107kto$155k$155kto$203k$203kto$251k$251kto$300k$300kto$348k$348kto$396k$396kto$444k$444kto$492k$492kto$540k$540kto$588k$588kto$636k$636kto$685k$685kto$733k$733kto$781k$781kto$829k$829kto$877k$877kto$925k$925kto$973k$973kto$1.0M
20244814167112

Sold Listings

71

Average Selling Price

$189,358

Typical Selling Price

$137k to $230k

Homes Sold per Price Range

A visual sold price spectrum representation

$60kto$105k$105kto$150k$150kto$195k$195kto$241k$241kto$286k$286kto$331k$331kto$376k$376kto$421k$421kto$430k
202413716219312

Average Sold Price per Sq Ft

$153

Typical Sold Price per Sq Ft

$114 to $181

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$69to$95$95to$120$120to$146$146to$171$171to$196$196to$222$222to$227
202461216161023

Average Days to Sell

70

Typical Days to Sell

10 to 95

Days on the Market Distribution

The number of homes sold in each DOM range

1to4242to8484to125125to166166to207207to249249to290290to331331to373373to414414to455455to497497to538538to538
202432151623112

Average Price Reduction

4%

Typical Price Reduction

0% to 6%

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.)

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%
2024108107495246511112

Average Discount from Original List

9%

Typical Sold Discount from Original List

2% to 13%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-7%to-2%-2%to3%3%to8%8%to13%13%to19%19%to24%24%to29%29%to34%34%to40%40%to45%45%to46%
20245181517552212

Average Discount from Last List

5%

Typical Sold Discount from Last List

0% to 8%

Negotiated Disocunts from Final List Price

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

-7%to-4%-4%to0%0%to4%4%to8%8%to12%12%to16%16%to20%20%to24%24%to28%28%to31%31%to35%35%to39%
202432216135621112

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.