Memorial Research, Pricing, and Statistics
Units Sold:
1,483
Average Sold Price:
$614,089
Average Sold Discount:
3%
Average Price Reduction:
2%
Average DOM:
56
The Memorial market area in Houston offers a diverse range of homes, with prices ranging from $485,000 to $1,850,000. With an average list price of $1,090,981 and home sizes averaging 2,943 sq ft, buyers can find spacious options. Currently, there are 741 homes for sale, making it a vibrant market for both buyers and sellers.
Active Listings
741
Average List Price
$1,090,981
Typical List Price
$229k to $899k
Homes Listed per Price Range
A visual list price spectrum representation
| $81kto$1.9M | $1.9Mto$3.7M | $3.7Mto$5.5M | $5.5Mto$7.3M | $7.3Mto$9.1M | $9.1Mto$10.9M | $10.9Mto$12.7M | $12.7Mto$14.4M | $14.4Mto$16.2M | $16.2Mto$18.0M | $18.0Mto$19.8M | $19.8Mto$21.6M | $21.6Mto$23.4M | $23.4Mto$25.2M | $25.2Mto$27.0M | $27.0Mto$28.8M | $28.8Mto$30.6M | $30.6Mto$32.4M | $32.4Mto$34.2M | $34.2Mto$36.0M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 636 | 62 | 17 | 12 | 7 | 1 | 4 | 1 | 2 | |||||||||||
Sold Listings
1,483
Average Selling Price
$614,089
Typical Selling Price
$4k to $765k
Homes Sold per Price Range
A visual sold price spectrum representation
| $1kto$751k | $751kto$1.5M | $1.5Mto$2.3M | $2.3Mto$3.0M | $3.0Mto$3.8M | $3.8Mto$4.5M | $4.5Mto$5.3M | $5.3Mto$6.0M | $6.0Mto$6.8M | $6.8Mto$7.5M | $7.5Mto$8.3M | $8.3Mto$9.0M | $9.0Mto$9.8M | $9.8Mto$10.5M | $10.5Mto$11.3M | $11.3Mto$12.0M | $12.0Mto$12.8M | $12.8Mto$13.5M | $13.5Mto$14.3M | $14.3Mto$15.0M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1,109 | 223 | 76 | 34 | 16 | 8 | 8 | 4 | 2 | 2 | 2 | |||||||||
Average Sold Price per Sq Ft
$263
Typical Sold Price per Sq Ft
$156 to $315
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| to$47 | $47to$95 | $95to$142 | $142to$189 | $189to$236 | $236to$283 | $283to$330 | $330to$377 | $377to$424 | $424to$472 | $472to$519 | $519to$566 | $566to$613 | $613to$660 | $660to$707 | $707to$754 | $754to$801 | $801to$849 | $849to$896 | $896to$910 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 461 | 5 | 132 | 238 | 182 | 110 | 80 | 82 | 51 | 39 | 25 | 29 | 16 | 8 | 2 | 1 | 1 | 1 | 2 | |
Average Days to Sell
56
Typical Days to Sell
7 to 66
Days on the Market Distribution
The number of homes sold in each DOM range
| to59 | 59to119 | 119to178 | 178to238 | 238to297 | 297to357 | 357to416 | 416to476 | 476to535 | 535to595 | 595to654 | 654to713 | 713to773 | 773to832 | 832to892 | 892to951 | 951to1,011 | 1,011to1,070 | 1,070to1,130 | 1,130to1,189 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1,081 | 219 | 76 | 38 | 34 | 15 | 1 | 2 | 7 | 2 | 1 | 3 | 2 | 1 | 2 | |||||
Average Price Reduction
2%
Typical Price Reduction
0% to 2%
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.)
| -29%to-26% | -26%to-23% | -23%to-20% | -20%to-17% | -17%to-14% | -14%to-11% | -11%to-8% | -8%to-5% | -5%to-2% | -2%to1% | 1%to4% | 4%to7% | 7%to10% | 10%to13% | 13%to16% | 16%to19% | 19%to22% | 22%to25% | 25%to28% | 28%to31% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 3 | 1 | 1 | 10 | 8 | 16 | 2,112 | 313 | 269 | 127 | 72 | 41 | 30 | 9 | 1 | 2 | 4 | |
Average Discount from Original List
3%
Typical Sold Discount from Original List
0% to 6%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -29%to-25% | -25%to-22% | -22%to-18% | -18%to-14% | -14%to-10% | -10%to-6% | -6%to-2% | -2%to1% | 1%to5% | 5%to9% | 9%to13% | 13%to17% | 17%to21% | 21%to24% | 24%to28% | 28%to32% | 32%to36% | 36%to40% | 40%to44% | 44%to47% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3 | 2 | 3 | 9 | 27 | 46 | 88 | 517 | 336 | 222 | 108 | 61 | 37 | 12 | 3 | 1 | 1 | 1 | 2 | |
Average Discount from Last List
2%
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
| -29%to-26% | -26%to-23% | -23%to-20% | -20%to-17% | -17%to-14% | -14%to-11% | -11%to-9% | -9%to-6% | -6%to-3% | -3%to0% | 0%to3% | 3%to6% | 6%to9% | 9%to12% | 12%to15% | 15%to18% | 18%to21% | 21%to24% | 24%to27% | 27%to30% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 2 | 2 | 1 | 6 | 16 | 22 | 42 | 71 | 596 | 293 | 232 | 112 | 47 | 18 | 9 | 6 | 3 | 2 | |
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.
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