77045
Houston, Texas
Houston 77045 needs watching.
The 77045 ZIP code in Houston, Texas has a median sale price of $215K, down -14.0% year-over-year. Homes spend an average of 79 days on market, with 12% 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 77045.
The 77045 market shows contractionary pressure with median sale prices at $215,000, down 14.0% year-over-year, marking one of Houston's steeper corrections. Homes are averaging 79 days on market, well above the metro's typical absorption rate for this price tier. Only 12% of properties are closing above list price, indicating minimal bidding competition and confirming buyer leverage has shifted substantially from 2025 levels.
This environment favors cash buyers and investors seeking discounted entry points, particularly those who can absorb the 14% value decline without immediate appreciation pressure. Sellers with equity buffers and flexible timelines can still transact at $215,000, but recent purchasers from peak pricing periods face negative equity constraints. First-time buyers gain negotiating power with the 12% above-list metric suggesting room for below-ask offers on most properties.
The PropIQ score of 55 signals continued caution, suggesting stabilization has not yet arrived and further price discovery remains likely through Q2 2026. Monitor days-on-market trends closely; any movement beyond 85-90 days would indicate deeper liquidity issues requiring additional price adjustments. The negative 14% trajectory needs to flatten toward -5% year-over-year before confidently calling a bottom in this submarket.
What is the median home price in 77045 Houston?
The median sale price in 77045 is $215K, down -14.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77045?
Homes in 77045 Houston spend an average of 79 days on market before going under contract.
Is Houston 77045 a good place to invest in real estate?
Folio's PropIQ™ score for 77045 is 55/100 — a Caution signal. 12% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 77045?
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 77045 Houston, Texas.