77564
Houston, Texas

ZIP code 77564 currently shows a median sale price of $545,000 with an extraordinary year-over-year increase of 445%, though this dramatic spike likely reflects data normalization issues or a shift in property mix rather than organic appreciation. Homes are sitting on market for an extended 227 days, nearly triple the typical Houston suburban average. Zero homes are selling above list price, indicating buyers maintain full negotiating leverage despite the elevated median price point.

This environment strongly favors patient buyers willing to negotiate, as the 227-day average market time provides substantial room for below-ask offers. Sellers with equity and flexible timelines can still exit at the elevated $545,000 median, but those requiring quick sales face significant pressure. Investors should approach cautiously given the extended absorption rate and complete absence of competitive bidding, which suggests weak demand fundamentals at current pricing levels.

The PropIQ score of 68 signals caution, aligning with the protracted days-on-market and zero above-list transactions. Watch for inventory accumulation over the next 60-90 days as the key leading indicator; further lengthening of DOM beyond 240 days would likely trigger price corrections. The extreme YoY percentage warrants verification through comparable sales analysis before making valuation assumptions for this ZIP code.