Local Market

Memorial Homes

From January 29th, 2024 through July 27th, 2024Full statistics for Memorial

Units Sold:

594

Average Sold Price:

$914,905

Average Sold Discount:

3%

Average Price Reduction:

1%

Average DOM:

68

Local Markets

Memorial

The Memorial local market in Houston offers a diverse range of homes, with 370 properties currently for sale. Prices vary widely, from $107,000 to $12,000,000, with an average list price of $1,142,708. Home sizes range from 622 to 17,369 sq ft, averaging 3,105 sq ft. Lot sizes also vary significantly, from 950 to 675,177 sq ft, with an average of 92,782 sq ft. Notable builders include David Weekley, Empire Communities, and Pelican Builders, offering homes from $490,000 to $1,745,000. Whether buying or selling, Memorial presents a robust market with options to suit various preferences and budgets.

The Memorial local market in Houston offers a perfect blend of convenience and luxury, making it an ideal place to live. The area boasts a plethora of retail shops and high-end eateries, offering a varied lifestyle for its residents. It's also conveniently located for an easy commute to Downtown Houston, perfect for professionals working in the city.

The area also prides itself on offering excellent schooling options, contributing to the family-friendly atmosphere of Memorial. Its reputation for safety further enhances the area's desirability. Additionally, the housing market offers a wide range of options, from affordable to luxury, to suit various budgets.

Nearby Local Markets

Briar Forest

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Briar Forest-1
Briar Forest-2
Briar Forest-3

Active:

290

Average Space:

2,410 SF

Average Price:

$596,194

Average $/SF:

$207

Briar Forest

Galleria

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Galleria-1
Galleria-2
Galleria-3

Active:

682

Average Space:

2,354 SF

Average Price:

$831,731

Average $/SF:

$300

Galleria

Sharpstown

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Sharpstown-1
Sharpstown-2
Sharpstown-3

Active:

393

Average Space:

1,704 SF

Average Price:

$281,806

Average $/SF:

$170

Sharpstown

Spring Branch

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Spring Branch-1
Spring Branch-2
Spring Branch-3

Active:

223

Average Space:

2,089 SF

Average Price:

$470,542

Average $/SF:

$224

Spring Branch

North Katy

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North Katy-1
North Katy-2
North Katy-3

Active:

1,591

Average Space:

2,343 SF

Average Price:

$407,193

Average $/SF:

$176

North Katy

Westchase-Royal Oaks

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Westchase-Royal Oaks-1
Westchase-Royal Oaks-2
Westchase-Royal Oaks-3

Active:

213

Average Space:

2,136 SF

Average Price:

$387,374

Average $/SF:

$163

Westchase-Royal Oaks

Total Active Listings

345

Average List Price

$1,162,809

Average Home Size

3,166SQFT

Average Price per SQFT

$283

Price Range Distribution

Number of homes per price range in Memorial

Price Ranges

less than $154k (32)
$154k - $989k (396)
$990k - $1,825k (117)
$1,826k - $2,661k (39)
$2,662k - $3,497k (21)
$3,498k+ (37)

Frequently asked questions

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