77090
Houston, Texas

The 77090 market is experiencing notable contraction, with the median sale price settling at $237,495 after an 11.4% year-over-year decline. Properties are spending 84 days on market, significantly above the typical 30-45 day range seen in balanced conditions. Only 10% of homes are commanding above-ask prices, indicating weak buyer competition and limited urgency among the purchasing pool currently active in this ZIP code.

This environment heavily favors cash buyers and patient investors with renovation capital who can negotiate below list price on the 90% of properties selling at or under asking. First-time buyers gain leverage here that doesn't exist in competitive markets, particularly those willing to tolerate the extended timeline. Sellers face challenging conditions and should avoid listing unless prepared for longer holding periods or realistic about pricing 10-15% below 2025 comparables.

The PropIQ score of 55 signals caution rather than distress, suggesting stabilization potential if days-on-market begins contracting toward 60 days within the next quarter. The 11.4% decline may be finding a floor at current pricing, but recovery depends on absorption rate improvement and reduced inventory pressure. Monitor whether the 10% above-list metric climbs toward 20% as an early indicator of demand returning to this submarket.