77092
Houston, Texas

The 77092 market shows clear correction signals with the median sale price at $285,000, down 10.5% year-over-year, marking one of Houston's steeper declines. Properties are sitting for an average 71 days before selling, while only 6% of homes close above asking price. This data reflects a shift from the hypercompetitive conditions of previous years to a market where sellers hold diminishing pricing power and inventory moves at a substantially slower pace than metro benchmarks.

Price-sensitive buyers gain measurable advantage in this environment, with 71 days on market providing extended negotiation windows and 94% of transactions closing at or below list price. Investors seeking cash-flow properties can leverage the 10.5% price decline to acquire assets below recent peak valuations. Sellers face difficult conditions and should anticipate longer marketing periods and likely concessions, particularly if their property exceeds the $285,000 median where buyer resistance intensifies.

The PropIQ score of 55 signals continued caution through mid-2026, suggesting the correction has not yet found a floor. The combination of negative price momentum and elevated days-on-market typically precedes further softening before stabilization occurs. Buyers should monitor whether DOM begins contracting and the percentage of above-list sales increases beyond the current 6% baseline, as these would indicate demand recovery and signal the correction's end.