77013
Houston, Texas

ZIP code 77013 posted a median sale price of $204,000 as of February 2026, marking a notable -5.1% year-over-year decline in a softening price environment. Homes are averaging 68 days on market, indicating moderate absorption rates compared to Houston's faster-moving submarkets. Only 14% of properties sold above asking price, signaling diminished buyer urgency and a recalibration from previous pricing expectations. This data constellation reflects a market transitioning from seller advantage to neutral territory.

The current metrics favor patient buyers with pre-approved financing who can negotiate on price given the negative year-over-year trajectory and limited above-ask competition. Investors seeking cash-flow properties may find entry points at the $204,000 median, particularly if the 68-day marketing period allows for inspection-based concessions. Sellers face headwinds and should price at or below recent comparables, as the 14% above-list figure suggests aggressive pricing strategies are failing in 86% of transactions.

The PropIQ score of 55 registers caution, suggesting further price compression or extended market times ahead as supply-demand dynamics haven't stabilized. The -5.1% annual decline may not have fully played out, particularly if days-on-market extends beyond the current 68-day average. Monitoring month-over-month inventory growth and any movement in the above-list percentage below 14% would signal continued softening, while stabilization above 20% would indicate demand recovery.