77598
Houston, Texas

# Market Report: ZIP Code 77598

The 77598 market shows buyer-favorable conditions with a median sale price of $260,000, down 3.7% year-over-year. Homes are moving slowly at 91 days on market, significantly above the regional average for competitive markets. Only 7% of properties are selling above list price, indicating sellers hold minimal pricing power. This price deterioration and extended marketing time marks a clear shift from the seller-dominant conditions that characterized Houston submarkets through 2024.

These conditions favor patient buyers with financing secured and negotiation leverage to push below asking prices, given that 93% of transactions close at or below list. Cash investors seeking rental yields should model conservative appreciation assumptions given the negative price trajectory. Sellers face challenging conditions and should avoid listing unless prepared for 90-plus day marketing periods and likely price concessions. First-time buyers gain advantage here as slower markets reduce bidding competition and inspection waiver pressure.

The PropIQ score of 55 signals caution, suggesting current softness may persist through the next quarter rather than rebound quickly. Buyers should monitor whether days-on-market extends beyond 100, which would indicate deepening distress and further price vulnerability. The negative price trend combined with low above-list sales suggests 77598 has not found its floor; watching month-over-month inventory growth will indicate whether this ZIP approaches buyer saturation or stabilization.