78567
Brownsville, Texas
Brownsville 78567 needs watching.
The 78567 ZIP code in Brownsville, Texas has a median sale price of $299K, down N/A year-over-year. Homes spend an average of 347 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78567.
The 78567 market shows pronounced buyer advantage with homes averaging 347 days on market, nearly a full year of inventory time that signals weak demand. The $299,000 median sale price has remained flat year-over-year, indicating price discovery has stalled. Zero homes traded above list price in the most recent period, confirming sellers hold no pricing power. This extended absorption rate points to structural oversupply or deteriorating local economic fundamentals that have eliminated competitive tension from transactions.
Patient buyers with flexible timelines benefit most from these conditions, as 347-day market times create leverage for aggressive negotiations below ask. This environment punishes sellers needing quick exits while rewarding those who can wait through multiple listing cycles. Cash investors seeking rental yield should proceed cautiously given the PropIQ score of 27 suggests underlying risk factors that extend beyond typical market cyclicality. Sellers face a binary choice between accepting current pricing or waiting for demand catalysts that data does not yet indicate.
The PropIQ score of 27 signals caution warranted, suggesting downside risk exceeds upside potential in the near term. Flat year-over-year pricing combined with extreme days-on-market figures typically precedes price corrections when inventory cannot clear. Monitor employment data and new listing volumes closely, as any increase in supply without demand improvement would pressure the $299,000 median downward. The market requires either significant inventory reduction or demand shock to shift from current buyer-dominated dynamics.
What is the median home price in 78567 Brownsville?
The median sale price in 78567 is $299K, down N/A year-over-year as of 2024-09-30.
How long do homes stay on the market in Brownsville 78567?
Homes in 78567 Brownsville spend an average of 347 days on market before going under contract.
Is Brownsville 78567 a good place to invest in real estate?
Folio's PropIQ™ score for 78567 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 78567?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 78567 Brownsville, Texas.