In-depth Real Estate Data: Zip Codes

77511 Research, Pricing, and Statistics

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

Units Sold:

282

Average Sold Price:

$306,862

Average Sold Discount:

4%

Average Price Reduction:

3%

Average DOM:

88

The 77511 zip code in Greater Houston offers a diverse range of homes, with 229 active listings priced between $299,990 and $1,950,000. Average home sizes are around 2,168 sq ft, and properties boast lot sizes from 4,500 to 903,870 sq ft. With options from various builders, it's an exciting time for buyers and sellers alike!

Active Listings

236

Average List Price

$411,426

Typical List Price

$299k to $445k

Homes Listed per Price Range

A visual list price spectrum representation

$50kto$148k$148kto$245k$245kto$343k$343kto$440k$440kto$538k$538kto$635k$635kto$733k$733kto$830k$830kto$928k$928kto$1.0M$1.0Mto$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$1.9Mto$2.0M
20243288659219138221113

Sold Listings

282

Average Selling Price

$306,862

Typical Selling Price

$240k to $347k

Homes Sold per Price Range

A visual sold price spectrum representation

$35kto$77k$77kto$119k$119kto$161k$161kto$203k$203kto$245k$245kto$287k$287kto$329k$329kto$371k$371kto$413k$413kto$455k$455kto$497k$497kto$539k$539kto$581k$581kto$623k$623kto$665k$665kto$707k$707kto$749k$749kto$791k$791kto$833k$833kto$875k
2024479233057594021726462312

Average Sold Price per Sq Ft

$191

Typical Sold Price per Sq Ft

$152 to $204

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$72to$97$97to$122$122to$147$147to$172$172to$197$197to$222$222to$247$247to$271$271to$296$296to$321$321to$346$346to$371$371to$396$396to$421$421to$446$446to$470$470to$495$495to$520$520to$545$545to$570
2024514608352126753112

Average Days to Sell

88

Typical Days to Sell

11 to 117

Days on the Market Distribution

The number of homes sold in each DOM range

to5151to101101to152152to202202to253253to304304to354354to405405to455455to506506to557557to607607to658658to708708to759759to810810to860860to911911to961961to1,012
202415050302410461112112

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

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.)

-26%to-23%-23%to-19%-19%to-16%-16%to-12%-12%to-8%-8%to-5%-5%to-1%-1%to2%2%to6%6%to9%9%to13%13%to16%16%to20%20%to23%23%to27%27%to30%30%to34%34%to37%37%to41%41%to44%
20241212944610961292262424

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

-16%to-13%-13%to-9%-9%to-6%-6%to-3%-3%to1%1%to4%4%to7%7%to10%10%to14%14%to17%17%to20%20%to24%24%to27%27%to30%30%to33%33%to37%37%to40%40%to43%43%to47%47%to50%
2024114137563573512733424

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

-22%to-19%-19%to-17%-17%to-14%-14%to-12%-12%to-9%-9%to-7%-7%to-4%-4%to-2%-2%to1%1%to3%3%to6%6%to8%8%to11%11%to13%13%to16%16%to18%18%to21%21%to23%23%to26%26%to28%
20241113710128572922856122

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.