77502
Houston, Texas

The 77502 ZIP code posted a median sale price of $207,500 as of February 2026, down 1.2% year-over-year, indicating modest price compression in this Houston submarket. Homes are moving at a moderate pace with an average 40.5 days on market, while only 14% of properties sold above asking price. This selling rate sits well below the typical competitive threshold of 25-30%, signaling buyers hold negotiating leverage in most transactions.

Price-sensitive first-time buyers gain the most advantage in current conditions, as the sub-$210,000 median and negative price trajectory create entry points without bidding war pressure. Investors seeking cash flow over appreciation should proceed cautiously given the downward price movement, though the 40-day absorption rate prevents significant inventory backup. Sellers face headwinds with 86% of homes closing at or below list price, requiring accurate pricing strategies to avoid extended market exposure.

The PropIQ score of 65 issues a caution signal, suggesting underlying weakness that could accelerate if days on market extend beyond 45 or the percentage of above-list sales drops below 12%. The negative 1.2% annual change combined with modest buyer urgency indicates continued sideways-to-down price action through mid-2026 unless absorption rates improve. Watch for monthly DOM trends and shifts in the above-list percentage as leading indicators of momentum change.