77665
Houston, Texas

ZIP code 77665 recorded a median sale price of $268,500 as of February 2026, representing a 13.7% year-over-year increase that outpaces regional averages. Homes are moving quickly at 28 days on market, while 33% of sales closed above asking price—a clear indicator of competitive bidding. This acceleration in both price appreciation and transaction velocity signals constrained inventory meeting sustained demand, creating friction points for price-sensitive buyers in what remains a seller-advantaged environment.

Sellers with move-in ready properties hold maximum leverage, capturing premium pricing in under one month while buyers face bidding pressure on one-third of available inventory. Investors seeking appreciation plays rather than cash flow will find the 13.7% annual gain compelling, though compressed days on market requires decisive underwriting. First-time buyers should expect multiple-offer scenarios and limited negotiation power, while buyers with flexible timelines may benefit from monitoring the 67% of properties that still sell at or below list price.

The PropIQ score of 95/100 suggests continued price strength through the next two quarters, supported by absorption rates that favor appreciation over correction. However, the 13.7% gain creates affordability tension that typically moderates demand velocity within 6-9 months. Watch for days-on-market expansion beyond 35 days or declining above-list sales below 25% as early signals of equilibrium, though current trajectory indicates sellers maintain pricing power through mid-2026.