77489
Houston, Texas
Houston 77489 needs watching.
The 77489 ZIP code in Houston, Texas has a median sale price of $232K, down -8.0% year-over-year. Homes spend an average of 57 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77489.
ZIP code 77489 is experiencing a clear buyer's market with median sale prices at $232,000, down 8.0% year-over-year, representing one of the steeper corrections in the Houston metro area. Homes are averaging 57 days on market, suggesting modest but not extreme inventory absorption rates. Only 15% of properties are commanding above-list offers, indicating limited competition among buyers and significant negotiating leverage for those with financing in place.
Price-sensitive first-time buyers and value investors focused on cash flow rather than appreciation should find optimal entry conditions in this environment. The 8.0% price decline creates meaningful equity discounts compared to 2025 purchase prices, while the 57-day market time allows for thorough due diligence without pressure. Sellers face challenging conditions and should expect extended marketing periods and potential concessions, making this an unfavorable exit window unless relocation or financial necessity drives the transaction.
The PropIQ score of 60 signals caution, suggesting continued price pressure or stagnation in coming months rather than imminent recovery. Buyers should monitor whether days-on-market trends upward beyond 60 days, which would indicate further softening and additional negotiating power. The low percentage of above-list sales points to a market still searching for a price floor, meaning patient capital will likely be rewarded over the next two quarters.
What is the median home price in 77489 Houston?
The median sale price in 77489 is $232K, down -8.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77489?
Homes in 77489 Houston spend an average of 57 days on market before going under contract.
Is Houston 77489 a good place to invest in real estate?
Folio's PropIQ™ score for 77489 is 60/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 77489?
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 60 = Caution in 77489 Houston, Texas.