77547
Houston, Texas

The 77547 ZIP code recorded a median sale price of $166,500 as of February 2026, representing a striking 47.3% year-over-year increase that outpaces typical Houston suburban appreciation. However, homes are averaging 89 days on market, significantly above the sub-30-day pace typical of genuinely competitive markets. Only 17% of sales closed above list price, indicating limited bidding competition despite the double-digit price surge, which suggests the gains may reflect recovery from a depressed baseline rather than sustained demand pressure.

This market favors patient buyers with liquidity who can absorb the extended 89-day transaction timeline and negotiate within list price parameters. The 17% above-ask rate means 83% of buyers secured at-or-below-list deals, creating tangible negotiation leverage absent in tighter markets. Sellers who purchased before the 47.3% run-up face favorable exit conditions, though the longer DOM requires realistic pricing expectations. Investors should approach cautiously given the PropIQ score of 66, which signals elevated risk relative to the apparent price momentum.

The 66 PropIQ rating suggests underlying market fragility despite surface-level price gains, potentially indicating affordability constraints or economic headwinds specific to this area. The divergence between sharp price appreciation and sluggish velocity metrics warrants monitoring for inventory accumulation or further DOM extension. If days-on-market trends above 100 or above-list transactions fall below 15%, the 47.3% gain could prove unsustainable, making Q2 2026 velocity data critical for confirming whether this represents durable growth or a temporary spike.