77060
Houston, Texas

ZIP code 77060 shows cooling momentum with a median sale price of $191,250, down 1.9% year-over-year as of February 2026. Homes are moving at a moderate pace, averaging 62 days on market, while just 21% of properties sell above asking price. This represents a clear shift from seller-dominated conditions, with pricing power transferring as inventory absorption slows and bidding competition remains limited to roughly one in five transactions.

The current conditions favor price-sensitive buyers willing to negotiate, particularly first-time purchasers and investors seeking cash-flow properties at sub-$200K entry points. With 79% of homes selling at or below list price, buyers have room to submit conservative offers without facing aggressive competition. Sellers face a narrower window and should price within 2-3% of comparable sales to avoid extended market time beyond the 62-day average.

The PropIQ score of 60 signals caution, suggesting continued price pressure without clear stabilization indicators. The negative year-over-year trend combined with modest sell-above-list activity points to further softening unless days-on-market begins contracting or bidding activity increases above current levels. Monitor monthly inventory growth and the percentage of above-ask sales—improvement above 30% would indicate demand recovery, while increases in DOM beyond 75 days would confirm additional downward price adjustment ahead.