Major Market Area
Memorial
From January 29th, 2024 through July 27th, 2024Full statistics for Memorial
Units Sold:
943
Average Sold Price:
$885,487
Average Sold Discount:
3%
Average Price Reduction:
2%
Average DOM:
67
Memorial
If you're considering buying or selling a home in the Memorial market area of Houston, now is a great time. With 626 homes for sale, prices range from $99,999 to $36,000,000, averaging $1,210,672. Home sizes vary from 622 to 26,401 sq ft, with an average of 3,099 sq ft. Lot sizes range from 950 to 708,103 sq ft, averaging 81,645 sq ft. Notably, there are six active homebuilders, including David Weekley and Empire Communities, offering homes from $490,000 to $1,895,000.
Memorial is widely recognized as one of Houston's most prestigious neighborhoods, lending a sense of tranquility with its heavily wooded environment, while still offering proximity to the city's bustling downtown and IAH airport. Conveniently located, Memorial is an attractive place for families and professionals alike, especially for those seeking a manageable commute.
The area is also home to top-notch schools, upscale retail outlets, and a variety of fine dining options. Affordability and luxury blend seamlessly in Memorial, making it a desirable option for those in search of a safe, vibrant, and dynamic community.
Total Active Listings
598
Average List Price
$1,227,083
Average Home Size
3,147SQFT
Average Price per SQFT
$278
Price Range Distribution
Number of homes per price range in MemorialPrice Ranges
less than $140k (57)
$140k - $1,103k (750)
$1,104k - $2,067k (153)
$2,068k - $3,031k (53)
$3,032k - $3,995k (30)
$3,996k+ (56)
