77568
Houston, Texas
Houston 77568 needs watching.
The 77568 ZIP code in Houston, Texas has a median sale price of $278K, down -10.3% year-over-year. Homes spend an average of 103 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 56 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77568.
The 77568 market has shifted decisively in favor of buyers, with the median sale price sitting at $278,000 after a 10.3% year-over-year decline. Homes are averaging 103 days on market, well above the regional velocity threshold of 60 days that typically indicates balanced conditions. Only 15% of properties are closing above list price, confirming weak pricing power for sellers and suggesting continued downward pressure on valuations through Q2 2026.
Cost-conscious first-time buyers and value investors gain maximum advantage in this environment. The 103-day market time creates negotiating leverage, particularly on listings exceeding 90 days where seller motivation intensifies. The 85% of transactions closing at or below ask price indicates room for offer structures below list, with inspection-contingent deals now standard rather than waived as in tighter markets.
The PropIQ score of 56 signals caution rather than catastrophe, suggesting stabilization may occur before further significant deterioration. Monitor the days-on-market trend monthly; movement back toward 75-80 days would indicate absorption improvement. The 10.3% annual decline appears to be pricing in localized employment or inventory factors, making the next 90 days critical for determining whether this represents a temporary correction or sustained downward repricing.
What is the median home price in 77568 Houston?
The median sale price in 77568 is $278K, down -10.3% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77568?
Homes in 77568 Houston spend an average of 103 days on market before going under contract.
Is Houston 77568 a good place to invest in real estate?
Folio's PropIQ™ score for 77568 is 56/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 56 mean for 77568?
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 56 = Caution in 77568 Houston, Texas.