77079
Houston, Texas
Houston 77079 is stable.
The 77079 ZIP code in Houston, Texas has a median sale price of $700K, down -2.8% year-over-year. Homes spend an average of 41 days on market, with 19% of homes selling above list price.
Folio's PropIQ™ score of 70 signals Neutral Watch conditions. This market is holding steady. Monitor inventory shifts before committing.
ZIP code 77079 posted a median sale price of $700,000 as of February 2026, down 2.8% year-over-year, signaling price compression in this Houston submarket. Homes are averaging 41 days on market, indicating neither urgent demand nor stagnation. Only 19% of sales closed above list price, a substantial decline from the bid-war conditions of previous years. This combination—negative price growth, six-week inventory absorption, and limited buyer competition—marks a clear shift toward equilibrium after years of seller dominance.
The current metrics favor patient buyers with financing secured and flexible timelines. With 81% of homes selling at or below list price and negative annual appreciation, negotiating leverage has returned to transactions. Move-up buyers trading within Houston can benefit from the 2.8% price decline if their existing home hasn't depreciated similarly. Sellers face headwinds unless pricing reflects the -2.8% adjustment; overpriced listings will likely exceed the 41-day market average substantially.
The PropIQ score of 70 suggests neither imminent recovery nor further deterioration, placing 77079 in a holding pattern. March through May absorption rates will determine whether the -2.8% decline stabilizes or accelerates into a deeper correction. Buyers should monitor if days-on-market extends beyond 50, which would confirm weakening demand and justify lower offers. The 19% above-list metric bears watching—any drop below 15% would signal oversupply conditions emerging in this price tier.
What is the median home price in 77079 Houston?
The median sale price in 77079 is $700K, down -2.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77079?
Homes in 77079 Houston spend an average of 41 days on market before going under contract.
Is Houston 77079 a good place to invest in real estate?
Folio's PropIQ™ score for 77079 is 70/100 — a Neutral Watch signal. 19% of homes sold above asking.
What does a PropIQ™ score of 70 mean for 77079?
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 70 = Neutral Watch in 77079 Houston, Texas.