77377
Houston, Texas
Houston 77377 needs watching.
The 77377 ZIP code in Houston, Texas has a median sale price of $378K, down -6.4% year-over-year. Homes spend an average of 78 days on market, with 7% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77377.
ZIP code 77377 shows clear cooling with a median sale price of $377,990, down 6.4% year-over-year as of February 2026. Homes are averaging 78 days on market, indicating extended selling timelines compared to peak conditions. Only 7% of properties are commanding above-list offers, signaling that buyer urgency has dissipated and negotiating leverage has shifted from the seller-dominated dynamics of previous years.
Price-sensitive buyers gain maximum advantage in this environment, with the 93% of homes selling at or below list price providing concrete negotiation opportunities. The 6.4% annual decline translates to approximately $25,800 in savings compared to last year's pricing for the median home. Investors seeking cash flow over appreciation should evaluate carefully, while sellers face pressure to price competitively given the 78-day absorption rate.
The PropIQ score of 55 signals continued market weakness, suggesting further price adjustments remain possible through 2026. Buyers should monitor whether days-on-market extends beyond 80 days, which would indicate additional softening. The single-digit above-list percentage provides a clear leading indicator—any movement toward 15% would signal stabilization, while a drop below 5% suggests deeper correction ahead.
What is the median home price in 77377 Houston?
The median sale price in 77377 is $378K, down -6.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77377?
Homes in 77377 Houston spend an average of 78 days on market before going under contract.
Is Houston 77377 a good place to invest in real estate?
Folio's PropIQ™ score for 77377 is 55/100 — a Caution signal. 7% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 77377?
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 55 = Caution in 77377 Houston, Texas.