77059
Houston, Texas
Houston 77059 needs watching.
The 77059 ZIP code in Houston, Texas has a median sale price of $410K, down -21.6% year-over-year. Homes spend an average of 61 days on market, with 14% 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 77059.
ZIP code 77059 is experiencing significant price deflation, with the median sale price settling at $410,000 after a sharp 21.6% year-over-year decline. Properties are moving at a moderate pace with an average 60.5 days on market, while only 14% of homes command above-list offers—a clear indicator of weakened buyer competition. This Clear Lake area submarket has shifted decisively from the seller-favored conditions that defined Houston's pandemic-era appreciation cycle.
The current dynamics favor patient buyers with financing secured and flexible timelines to negotiate. The 21.6% price correction creates entry opportunities for primary residence purchasers previously priced out during peak valuations, particularly since the sub-15% above-list metric suggests minimal bidding war risk. Sellers face headwinds and should avoid this market unless relocation or financial circumstances force transactions, as the data confirms continued downward price pressure.
The PropIQ score of 55 signals ongoing caution, suggesting price stabilization remains quarters away rather than weeks. Buyers should monitor whether days-on-market begins contracting below 55 days and above-list transactions exceed 20%—both would indicate demand recovery. Current data projects continued buyer advantage through mid-2026, with any Fed rate cuts potentially accelerating timeline to market equilibrium.
What is the median home price in 77059 Houston?
The median sale price in 77059 is $410K, down -21.6% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77059?
Homes in 77059 Houston spend an average of 61 days on market before going under contract.
Is Houston 77059 a good place to invest in real estate?
Folio's PropIQ™ score for 77059 is 55/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 77059?
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 77059 Houston, Texas.