77356
Houston, Texas

ZIP code 77356 shows clear buyer-favorable conditions with a median sale price of $352,000, down 8.9% year-over-year as of February 2026. Homes are averaging 91 days on market, nearly triple the typical hot-market benchmark of 30-45 days. Only 6% of properties are selling above list price, indicating limited competition and weak pricing power for sellers. This deceleration marks a significant shift from prior market dynamics in this Houston submarket.

Price-sensitive first-time buyers and patient investors gain maximum advantage under these conditions. The 91-day absorption rate allows for thorough due diligence and multiple property comparisons without pressure. Buyers can negotiate below asking price in 94% of transactions, while the 8.9% annual decline suggests waiting another quarter could yield additional savings. Sellers face unfavorable conditions and should consider delaying listings unless relocation or financial circumstances demand immediate action.

The PropIQ score of 55 signals neutral-to-negative momentum, suggesting continued price softness through mid-2026. Key monitoring points include whether days-on-market extends beyond 100 days and if the year-over-year decline accelerates past 10%, both indicating further deterioration. Stabilization requires DOM compression below 75 days and above-list sales exceeding 15%. Current data suggests this remains a transitional market requiring quarterly reassessment before conditions clarify directionally.