In-depth Real Estate Data: Zip Codes

77531 Research, Pricing, and Statistics

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

Units Sold:

71

Average Sold Price:

$273,905

Average Sold Discount:

6%

Average Price Reduction:

3%

Average DOM:

104

In the 77531 zip code of Greater Houston, homebuyers can explore 66 active listings with prices ranging from $84,900 to $479,900. The average home size is 1,889 sq ft, with lots averaging 13,817 sq ft. With diverse options from builders like Anglia Homes and Century Communities, it's a great time to consider buying or selling in Glendale Lakes!

Active Listings

66

Average List Price

$284,215

Typical List Price

$206k to $365k

Homes Listed per Price Range

A visual list price spectrum representation

$90kto$169k$169kto$248k$248kto$327k$327kto$405k$405kto$484k$484kto$485k
20241014171944

Sold Listings

71

Average Selling Price

$273,905

Typical Selling Price

$226k to $318k

Homes Sold per Price Range

A visual sold price spectrum representation

$35kto$80k$80kto$124k$124kto$169k$169kto$213k$213kto$258k$258kto$302k$302kto$347k$347kto$391k$391kto$436k$436kto$480k$480kto$525k$525kto$560k
2024344615141144313

Average Sold Price per Sq Ft

$151

Typical Sold Price per Sq Ft

$134 to $171

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$47to$64$64to$81$81to$98$98to$116$116to$133$133to$150$150to$167$167to$184$184to$202$202to$219$219to$236$236to$249
20243229102210912

Average Days to Sell

104

Typical Days to Sell

18 to 130

Days on the Market Distribution

The number of homes sold in each DOM range

to5454to109109to163163to217217to272272to326326to380380to435435to466
202433175443123

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.)

-3%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to22%22%to23%23%to25%25%to27%27%to29%29%to31%31%to33%33%to35%
202439611191010727112114

Average Discount from Original List

6%

Typical Sold Discount from Original List

1% 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%to11%11%to14%14%to17%17%to20%20%to24%24%to27%27%to30%30%to34%34%to37%37%to40%40%to43%43%to47%47%to50%
20241215171853411112

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

-16%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to11%11%to14%14%to17%17%to20%20%to23%23%to26%26%to29%29%to32%32%to35%35%to38%38%to41%41%to44%
202411538156122

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.