77514
Houston, Texas
Houston 77514 needs watching.
The 77514 ZIP code in Houston, Texas has a median sale price of $218K, down -28.6% year-over-year. Homes spend an average of 62 days on market, with 6% 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 77514.
ZIP code 77514 is experiencing significant market correction, with the median sale price dropping to $217,750, representing a substantial 28.6% year-over-year decline. Homes are averaging 61.5 days on market, indicating extended selling timelines compared to heated market periods. Only 6% of properties are selling above list price, confirming weak buyer competition and suggesting sellers hold limited pricing power in current negotiations.
This environment heavily favors cash buyers and patient investors with longer time horizons who can absorb near-term depreciation risk. The 28.6% price decline creates potential entry points for those seeking value plays, though falling prices suggest further downside remains possible. Sellers face considerable headwinds and should expect extended marketing periods and likely below-asking offers given the 94% of transactions closing at or below list price.
The PropIQ score of 55 signals caution, reflecting deteriorating fundamentals that warrant conservative positioning. Key monitoring points include whether days-on-market extends beyond the current 61.5 days and if the year-over-year decline moderates or accelerates in coming quarters. The data suggests this market has not yet established a price floor, making timing purchases difficult until stabilization indicators emerge.
What is the median home price in 77514 Houston?
The median sale price in 77514 is $218K, down -28.6% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77514?
Homes in 77514 Houston spend an average of 62 days on market before going under contract.
Is Houston 77514 a good place to invest in real estate?
Folio's PropIQ™ score for 77514 is 55/100 — a Caution signal. 6% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 77514?
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 77514 Houston, Texas.