77406
Houston, Texas
Houston 77406 is stable.
The 77406 ZIP code in Houston, Texas has a median sale price of $431K, up +2.6% year-over-year. Homes spend an average of 91 days on market, with 6% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 77406 market shows moderate price appreciation with the median sale price reaching $430,827, up 2.6% year-over-year, tracking just above inflation. Inventory is moving slowly at 91 days on market, substantially longer than the Houston metro average of 45-60 days. Only 6% of homes are selling above list price, indicating minimal competitive pressure and a market that has shifted decisively toward buyers after the 2021-2023 pricing peak.
This environment favors patient buyers with financing secured who can negotiate below ask and conduct thorough inspections without facing bidding wars. The 91-day absorption rate gives purchasers leverage to request concessions or repairs that wouldn't be available in faster-moving submarkets. Sellers with equity built before 2022 can still exit profitably given the 2.6% annual gain, but recent buyers from 2023-2024 face minimal appreciation and should avoid listing unless necessary.
The PropIQ score of 65 signals caution rather than distress, suggesting price stability rather than growth through 2026. The extended days-on-market metric bears watching—if it pushes past 100 days, expect increased price reductions and potential negative price revisions by year-end. Demand fundamentals appear soft but not collapsing, with the low above-list percentage indicating this ZIP will likely underperform Houston's stronger employment-corridor neighborhoods over the next 12-18 months.
What is the median home price in 77406 Houston?
The median sale price in 77406 is $431K, up +2.6% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77406?
Homes in 77406 Houston spend an average of 91 days on market before going under contract.
Is Houston 77406 a good place to invest in real estate?
Folio's PropIQ™ score for 77406 is 65/100 — a Caution signal. 6% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 77406?
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 65 = Caution in 77406 Houston, Texas.