77057
Houston, Texas
Houston 77057 needs watching.
The 77057 ZIP code in Houston, Texas has a median sale price of $270K, down -9.0% year-over-year. Homes spend an average of 97 days on market, with 5% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77057.
# Market Report: Houston 77057
The 77057 market has entered a buyer-favorable correction phase, with median sale prices reaching $269,500—down 9.0% year-over-year. Properties are averaging 97 days on market, substantially above Houston's typical absorption rate and indicating reduced urgency among buyers. Only 5% of homes are commanding above-list prices, confirming that sellers have lost pricing leverage. This data reflects a meaningful shift from the post-pandemic appreciation cycle that characterized Houston's inner-loop submarkets through 2024.
Current conditions favor patient buyers with financing secured and negotiation skills, as the 97-day DOM window provides leverage for inspection contingencies and price concessions. Investors seeking cash-flowing rentals may find entry points, but the negative 9.0% trajectory requires conservative underwriting assumptions. Sellers face limited options: properties must be priced at or below comparative market analysis to avoid extending DOM beyond 100 days, which historically triggers additional price reductions in Houston's energy-dependent economy.
The PropIQ score of 45/100 signals caution rather than opportunity, suggesting further downward pressure before stabilization occurs. With 95% of transactions closing at or below list price, the next quarter will likely test whether $269,500 represents a floor or midpoint in the correction cycle. Monitor employment data from Houston's energy sector and inventory levels—if DOM exceeds 110 days, expect median prices to test $250,000 by year-end.
What is the median home price in 77057 Houston?
The median sale price in 77057 is $270K, down -9.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77057?
Homes in 77057 Houston spend an average of 97 days on market before going under contract.
Is Houston 77057 a good place to invest in real estate?
Folio's PropIQ™ score for 77057 is 45/100 — a Caution signal. 5% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 77057?
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 45 = Caution in 77057 Houston, Texas.