77333
Houston, Texas
Houston 77333 needs watching.
The 77333 ZIP code in Houston, Texas has a median sale price of $250K, down N/A year-over-year. Homes spend an average of 13 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 62 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77333.
The 77333 ZIP code demonstrates price stability with a median sale point of $250,000 showing zero year-over-year appreciation as of March 2015. Properties are clearing inventory rapidly at 13 days on market, well below typical metropolitan averages. However, buyer leverage remains evident with no homes selling above asking price, suggesting sellers are accepting offers at or below list despite the quick turnover rate.
This market configuration favors buyers seeking rapid closings without bidding premium. The absence of above-list sales combined with fast absorption indicates sellers are pricing accurately to move inventory quickly rather than testing higher valuations. Investors focused on cash flow rather than appreciation would find stable entry pricing, though the flat year-over-year trend eliminates short-term flip potential as a viable strategy.
The PropIQ score of 62 signals caution, indicating underlying market fragility despite surface-level velocity metrics. The combination of stagnant pricing and zero premium sales suggests demand is present but not strong enough to drive value growth. Monitor whether the 13-day absorption rate can sustain without price concessions; if days on market begin extending while prices remain flat, downward pressure could emerge in subsequent quarters.
What is the median home price in 77333 Houston?
The median sale price in 77333 is $250K, down N/A year-over-year as of 2015-03-31.
How long do homes stay on the market in Houston 77333?
Homes in 77333 Houston spend an average of 13 days on market before going under contract.
Is Houston 77333 a good place to invest in real estate?
Folio's PropIQ™ score for 77333 is 62/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 62 mean for 77333?
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 62 = Caution in 77333 Houston, Texas.