In-depth Real Estate Data: Zip Codes

77587 Research, Pricing, and Statistics

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

Units Sold:

26

Average Sold Price:

$236,077

Average Sold Discount:

6%

Average Price Reduction:

3%

Average DOM:

78

In the 77587 zip code of Greater Houston, there are currently 22 homes for sale, with prices ranging from $150,000 to $1,950,000. The average list price is $292,533, and homes typically feature 3 to 4 bedrooms and sizes averaging 1,658 sq ft. With a variety of options available, it's a great time to explore buying or selling in this vibrant community!

Active Listings

23

Average List Price

$302,814

Typical List Price

$226k to $379k

Homes Listed per Price Range

A visual list price spectrum representation

$169kto$234k$234kto$299k$299kto$365k$365kto$430k$430kto$495k$495kto$560k
202476353

Sold Listings

26

Average Selling Price

$236,077

Typical Selling Price

$200k to $299k

Homes Sold per Price Range

A visual sold price spectrum representation

$70kto$115k$115kto$160k$160kto$205k$205kto$250k$250kto$295k$295kto$340k
2024214848

Average Sold Price per Sq Ft

$187

Typical Sold Price per Sq Ft

$150 to $205

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$55to$81$81to$107$107to$134$134to$160$160to$186$186to$212
2024215567

Average Days to Sell

78

Typical Days to Sell

19 to 83

Days on the Market Distribution

The number of homes sold in each DOM range

4to6363to122122to182182to241241to300300to359
2024175122

Average Price Reduction

3%

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.)

-3%to-1%-1%to1%1%to2%2%to4%4%to6%6%to8%8%to9%9%to11%11%to13%13%to15%15%to16%16%to18%18%to20%20%to21%21%to23%23%to25%
20241413534311112

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-5%to1%1%to7%7%to12%12%to18%18%to24%24%to29%
2024811413

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

-5%to1%1%to7%7%to12%12%to18%18%to24%24%to29%
2024111132

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.