77070
Houston, Texas
Houston 77070 needs watching.
The 77070 ZIP code in Houston, Texas has a median sale price of $293K, down -9.7% year-over-year. Homes spend an average of 50 days on market, with 9% 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 77070.
The 77070 market is experiencing a buyer-favorable correction, with the median sale price settling at $293,375 following a 9.7% year-over-year decline. Properties are moving at a measured pace, averaging 50 days on market, while only 9% of homes command above-asking offers. This pricing pressure indicates sellers have lost the negotiating leverage that characterized the previous cycle, creating a fundamentally different transaction environment than twelve months ago.
Price-sensitive first-time buyers and investors seeking cash flow over appreciation will find optimal entry conditions in this ZIP code. The 9% above-list metric means 91% of transactions close at or below asking price, providing concrete negotiation room on most properties. Sellers with equity cushions and flexible timelines can still transact, but those requiring quick exits or premium pricing face a 50-day average absorption period with downward price momentum still in effect.
The PropIQ score of 55 signals continued caution rather than imminent recovery, suggesting the price decline may not have fully stabilized. Monitoring months of inventory and the percentage of listings taking price reductions will indicate whether the -9.7% contraction is nearing a floor or has further to run. Current data does not support expecting near-term appreciation, making this a hold-or-accumulate market rather than a flip-and-profit environment.
What is the median home price in 77070 Houston?
The median sale price in 77070 is $293K, down -9.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77070?
Homes in 77070 Houston spend an average of 50 days on market before going under contract.
Is Houston 77070 a good place to invest in real estate?
Folio's PropIQ™ score for 77070 is 55/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 77070?
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 77070 Houston, Texas.