77575
Houston, Texas

The 77575 ZIP code reports a median sale price of $249,000 as of February 2026, reflecting modest appreciation of 2.0% year-over-year. Market velocity remains sluggish with homes averaging 117.5 days on market, substantially above Houston's typical 60-day benchmark. Only 10% of transactions close above asking price, indicating limited competition among buyers and meaningful negotiating leverage for purchasers. Price growth trails the Federal Reserve's inflation target, suggesting real value erosion for property holders in this zone.

These conditions favor patient buyers with financing contingencies and inspection demands, as the 117-5-day marketing period creates seller urgency that supports concession requests. Cash investors seeking cashflow over appreciation will find the sub-$250,000 entry point accessible, though the 2.0% annual growth rate signals this remains an income play rather than equity accumulation strategy. Sellers face headwinds and should avoid overpricing, given that 90% of properties fail to exceed list price and extended DOM compresses final negotiated values.

The PropIQ score of 65/100 warrants caution, pointing to underlying demand weakness that could deteriorate if Houston employment contracts or mortgage rates climb further. The combination of triple-digit days-on-market and single-digit above-list closings suggests inventory absorption issues that typically precede price corrections rather than acceleration. Monitor monthly inventory levels and employment data from Houston's energy sector—any sustained increase in available homes above current levels would likely push this market into buyer-dominant territory with negative price growth.