77004
Houston, Texas
Houston 77004 is stable.
The 77004 ZIP code in Houston, Texas has a median sale price of $402K, up +3.1% year-over-year. Homes spend an average of 89 days on market, with 10% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 77004 market shows moderate appreciation with a median sale price of $402,000, up 3.1% year-over-year, tracking slightly below Houston's historical average. Inventory is moving at a measured pace with properties averaging 88.5 days on market, nearly three months from listing to contract. Only 10% of homes are selling above asking price, indicating limited bidding competition and suggesting buyers maintain negotiating leverage in most transactions.
This environment favors patient buyers willing to conduct thorough due diligence during the extended 88.5-day marketing window. The 10% above-ask rate means 90% of transactions close at or below list price, creating room for offer negotiations and inspection-based concessions. Sellers with flexible timelines can still capture the 3.1% annual appreciation, but those requiring quick exits face a market where urgency doesn't command premium pricing.
The PropIQ score of 65 signals caution, suggesting underlying fundamentals may not support aggressive price growth ahead. With days-on-market elevated and minimal competitive tension, monitoring absorption rates and new listing volume becomes critical for anticipating whether the 3.1% appreciation rate holds or contracts. Buyers should watch for inventory accumulation that could further extend marketing timelines and shift negotiating power.
What is the median home price in 77004 Houston?
The median sale price in 77004 is $402K, up +3.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77004?
Homes in 77004 Houston spend an average of 89 days on market before going under contract.
Is Houston 77004 a good place to invest in real estate?
Folio's PropIQ™ score for 77004 is 65/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 77004?
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 65 = Caution in 77004 Houston, Texas.