77015
Houston, Texas
Houston 77015 needs watching.
The 77015 ZIP code in Houston, Texas has a median sale price of $200K, down -15.3% 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 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77015.
The 77015 market is experiencing significant price contraction, with the median sale price settling at $199,900 after a 15.3% year-over-year decline. Homes are moving at a moderate pace with 61 days on market, while only 9% of properties command above-list pricing. This data cluster indicates a clear shift from seller to buyer advantage, with price discovery still underway as the market adjusts from previous valuation levels.
Bargain-focused owner-occupants and fix-and-hold investors gain the most traction in this environment. The 15.3% price reduction creates immediate equity opportunities for buyers willing to absorb the 61-day holding period, while the 9% above-list figure confirms minimal competition for quality assets. Cash buyers and those with pre-approved financing can leverage the weakened seller position to negotiate below current list prices, particularly on properties approaching 60-plus days of market exposure.
The PropIQ score of 55 signals persistent caution, suggesting the price decline may not be complete. With median values under $200,000 and momentum still negative, further downward pressure remains possible through Q2 2026. Buyers should monitor for stabilization in the year-over-year percentage before aggressive entry, while sellers face a narrowing window before potentially steeper corrections materialize in this sub-investment-grade scoring environment.
What is the median home price in 77015 Houston?
The median sale price in 77015 is $200K, down -15.3% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77015?
Homes in 77015 Houston spend an average of 61 days on market before going under contract.
Is Houston 77015 a good place to invest in real estate?
Folio's PropIQ™ score for 77015 is 55/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 77015?
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 55 = Caution in 77015 Houston, Texas.