77069
Houston, Texas

ZIP code 77069 shows deteriorating conditions with a median sale price of $326,000, down 4.8% year-over-year as of February 2026. Homes are averaging 133.5 days on market, indicating reduced demand and extended sell times. Only 8% of properties are commanding above-list offers, confirming a shift toward buyer leverage. The market has cooled significantly from previous periods, with price compression now evident across transaction data.

These conditions favor patient buyers with financing secured and flexibility on closing timelines. The 133.5-day average DOM suggests negotiating power on price, contingencies, and repair requests that wouldn't exist in tighter markets. Sellers face challenges and should focus on competitive pricing from listing day—properties chasing the market down with later reductions are likely contributing to the extended DOM figures. Investors seeking cash flow over appreciation should scrutinize cap rates carefully given the negative price trajectory.

The PropIQ score of 55/100 signals caution and suggests further downside risk or prolonged stagnation. With under 10% of buyers willing to exceed list price and DOM extending past four months, absorption rates indicate supply-demand imbalance. Monitor upcoming months for stabilization signals: DOM contraction below 120 days or above-list transactions reaching 15% would suggest a floor is forming. Current data points to continued price discovery through mid-2026.