77515
Houston, Texas

ZIP code 77515 shows accelerating price momentum with a median sale price of $272,000, representing an 18.3% year-over-year gain that significantly outpaces regional averages. Homes are moving at a moderate pace with 76 days on market, while 17% of properties sell above asking price—indicating selective competition rather than broad bidding wars. This price appreciation combined with sub-80-day market times suggests demand is absorbing inventory faster than sellers can replenish it.

The current environment favors sellers who can capitalize on double-digit appreciation before momentum shifts, while the 17% above-ask rate means pricing discipline remains critical. Buyers face headwinds from the 18.3% annual price surge but benefit from 76-day market times that allow for due diligence, unlike overheated markets with sub-30-day absorption. Investors seeking appreciation plays will find the year-over-year data compelling, though the 70 PropIQ score signals this isn't a momentum chase.

The PropIQ score of 70 positions this market at an inflection point—strong enough to sustain current pricing but lacking catalysts for continued 18% annual gains. Watch for days-on-market extension beyond 80 days or declining above-ask percentages below 15% as early cooling indicators. The neutral rating suggests stabilization is more probable than continued acceleration, making the next 90 days critical for determining whether appreciation moderates toward single digits.