77288
Houston, Texas
Houston 77288 needs watching.
The 77288 ZIP code in Houston, Texas has a median sale price of $325K, down N/A year-over-year. Homes spend an average of 24 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 47 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77288.
The 77288 market shows equilibrium pricing at $325,000 median, holding flat year-over-year as buyer urgency remains notably absent. Properties average 24 days to contract, a reasonable absorption rate, but zero homes closed above asking price in the measured period. This pricing discipline indicates buyers maintain negotiating leverage despite relatively quick turnover, suggesting supply and demand have reached a temporary balance point without favoring either party significantly.
This environment favors patient buyers with conventional financing who can capitalize on list-price or below-list transactions in the $325,000 range. The 24-day marketing window provides adequate time for thorough due diligence without excessive competition pressure. Sellers face limited pricing power with 0% above-ask closings, making this a challenging exit point for anyone requiring premium valuations or quick equity extraction from recent purchases.
The PropIQ score of 47 signals caution, indicating heightened risk of price softening or extended marketing times ahead. With no above-list activity and flat annual appreciation, momentum indicators point toward buyer-favorable conditions persisting through the next quarter. Monitor inventory accumulation and days-on-market trends closely; any movement above 30 days average would confirm increasing buyer selectivity and potential downward price pressure on the $325,000 median.
What is the median home price in 77288 Houston?
The median sale price in 77288 is $325K, down N/A year-over-year as of 2023-11-30.
How long do homes stay on the market in Houston 77288?
Homes in 77288 Houston spend an average of 24 days on market before going under contract.
Is Houston 77288 a good place to invest in real estate?
Folio's PropIQ™ score for 77288 is 47/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 47 mean for 77288?
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 47 = Caution in 77288 Houston, Texas.