77018
Houston, Texas
Houston 77018 needs watching.
The 77018 ZIP code in Houston, Texas has a median sale price of $554K, down -2.0% year-over-year. Homes spend an average of 69 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 77018.
# ZIP Code 77018 Market Report | Houston, TX
The 77018 market shows contractionary pressure with a median sale price of $553,750, down 2.0% year-over-year, while homes average 69 days on market. Only 9% of properties close above list price, indicating limited competitive tension and seller concessions becoming standard. This price decline in a sub-$600K median range suggests demand softening has reached Houston's middle-tier segments, not just luxury inventory. The 69-day marketing period exceeds historical norms for this ZIP code, forcing sellers to adjust expectations rather than chase expired listings.
Price-sensitive buyers gain negotiating leverage in these conditions, particularly those willing to extend due diligence beyond the typical 30-day contract period. The 91% of homes selling at or below ask creates room for inspection-based renegotiation and closing cost credits. Investors seeking cash-flowing rentals may find better entry pricing than 2025, though the 2.0% decline limits immediate equity appreciation plays. Sellers with equity cushions and flexible timelines can still transact at $553,750 median, but recent buyers from peak pricing face potential negative equity scenarios.
The PropIQ score of 55/100 signals continued caution, suggesting the year-over-year decline may not have bottomed. With days on market extending and only 9% achieving above-ask closes, absorption rates indicate 6-9 months before supply-demand rebalances. Monitor monthly sold volume and list price reductions through Q2 2026; sustained sub-60 PropIQ readings typically precede additional 3-5% price compression before stabilization.
What is the median home price in 77018 Houston?
The median sale price in 77018 is $554K, down -2.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77018?
Homes in 77018 Houston spend an average of 69 days on market before going under contract.
Is Houston 77018 a good place to invest in real estate?
Folio's PropIQ™ score for 77018 is 55/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 77018?
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 77018 Houston, Texas.