77562
Houston, Texas

The 77562 ZIP code exhibits contractionary momentum with a median sale price of $220,000, down 5.0% year-over-year as of February 2026. Homes are averaging 71 days on market, indicating modest demand friction in this Houston-area segment. Only 10% of transactions close above list price, signaling limited competitive pressure and a shift toward buyer negotiating leverage. This price depreciation in a metro area that has generally shown resilience suggests localized headwinds specific to this micromarket.

Price-sensitive first-time buyers gain the most traction in these conditions, with 71-day inventory turnover providing adequate time for due diligence and price negotiation. The 10% above-list closure rate means buyers can reasonably offer at or below asking without being outbid. Sellers facing relocation deadlines or holding costs should expect concessions, while opportunistic investors may find value if the 5.0% decline represents overcorrection rather than fundamental deterioration. Speculative flippers face margin compression in this environment.

The PropIQ score of 55 registers caution-level risk, suggesting further price discovery may be incomplete in this ZIP code. The declining price trajectory combined with extended days-on-market indicates supply-demand imbalance has not yet resolved. Monitoring absorption rates and whether days-on-market contracts below 60 will signal stabilization. Until transaction velocity increases or the year-over-year decline moderates toward flat, this market remains in a buyer-favorable adjustment phase with downside risk still present.