77008
Houston, Texas
Houston 77008 is stable.
The 77008 ZIP code in Houston, Texas has a median sale price of $636K, up +0.4% year-over-year. Homes spend an average of 61 days on market, with 9% 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 77008 market shows minimal appreciation with the median sale price reaching $636,250, up just 0.4% year-over-year, indicating price stabilization rather than growth. Homes are sitting for an average of 61 days before selling, suggesting moderate buyer demand without urgency. Only 9% of properties are selling above list price, confirming that seller leverage has diminished significantly from prior peak conditions. This inventory absorption rate points to a market transitioning away from seller dominance.
These conditions favor patient buyers with financing secured who can negotiate on the 91% of homes selling at or below asking price. The 61-day marketing period provides sufficient time for thorough due diligence without competitive pressure from multiple bidders. Sellers with equity built before 2024 can still exit profitably, but those expecting premium pricing or quick sales face reality misalignment. Investors seeking cash flow over appreciation will find the 0.4% growth rate insufficient for flip strategies.
The PropIQ score of 65 signals caution, suggesting elevated risk factors that warrant close monitoring of inventory trends and employment data in Houston's energy sector. Price appreciation below 1% annually typically precedes either further softening or extended stagnation depending on local economic catalysts. Watch for changes in days-on-market metrics and the percentage selling above list—deterioration in either indicator would confirm downward pressure intensifying through 2026.
What is the median home price in 77008 Houston?
The median sale price in 77008 is $636K, up +0.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77008?
Homes in 77008 Houston spend an average of 61 days on market before going under contract.
Is Houston 77008 a good place to invest in real estate?
Folio's PropIQ™ score for 77008 is 65/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 77008?
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 77008 Houston, Texas.