77586
Houston, Texas
Houston 77586 needs watching.
The 77586 ZIP code in Houston, Texas has a median sale price of $355K, down -3.1% year-over-year. Homes spend an average of 112 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77586.
ZIP code 77586 is experiencing a buyer-favorable correction, with the median sale price settling at $355,181 after declining 3.1% year-over-year. Homes are averaging 112 days on market, significantly above the regional norm, indicating weakened demand absorption. Only 15% of transactions close above list price, confirming sellers have limited pricing power. This represents a meaningful shift from the appreciation cycle that characterized Houston's outer-ring suburbs through 2024, with inventory now commanding extended marketing periods before conversion.
Price-sensitive first-time buyers gain structural advantage in this environment, as the 3.1% depreciation translates to approximately $11,000 in reduced acquisition costs compared to last year. Investors targeting cash flow over appreciation should model conservative exit assumptions given the 112-day liquidity timeline. Sellers with equity cushions and flexible timelines can still transact, but those requiring quick sales or recent purchase-price recovery face unfavorable conditions. The 15% above-ask rate suggests properly priced listings still attract competitive bidding in specific micro-pockets.
The PropIQ score of 60 signals neutral-to-negative momentum, warranting continued monitoring of days-on-market trends and distressed inventory emergence. If DOM extends beyond 120 days or the above-ask percentage drops below 12%, further price compression becomes probable. Employment data from Houston's eastern industrial corridor and mortgage rate movements will determine whether this represents temporary recalibration or the beginning of sustained depreciation. Current data suggests stabilization is possible but not confirmed.
What is the median home price in 77586 Houston?
The median sale price in 77586 is $355K, down -3.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Houston 77586?
Homes in 77586 Houston spend an average of 112 days on market before going under contract.
Is Houston 77586 a good place to invest in real estate?
Folio's PropIQ™ score for 77586 is 60/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 77586?
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 60 = Caution in 77586 Houston, Texas.