78944
Houston, Texas
Houston 78944 needs watching.
The 78944 ZIP code in Houston, Texas has a median sale price of $168K, down -53.5% year-over-year. Homes spend an average of 30 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78944.
The 78944 market shows significant distress with a median sale price of $167,500, down 53.5% year-over-year, marking one of the steepest declines in the Houston metro area. Properties are moving quickly at 30 days on market, yet zero homes sold above list price in the most recent period, indicating buyers hold complete negotiating leverage. This combination of rapid absorption and severe price depreciation suggests either a shift in property mix or fundamental market dislocation.
Price-sensitive buyers and value investors find optimal conditions here, with the 53.5% annual decline creating entry points well below previous market peaks. The 30-day absorption rate confirms inventory isn't stagnating despite dramatic price cuts, allowing buyers to move decisively without competition. Sellers face punishing conditions and should delay listings unless distressed, as the 0% above-ask metric confirms no pricing power exists.
The PropIQ score of 55 signals heightened caution, reflecting the unsustainable velocity of price decline and need for market stabilization. Key indicators to monitor include whether the median price establishes a floor near current levels and if any properties begin closing above list price, which would signal returning buyer confidence. Until the year-over-year change moderates above negative 20%, expect continued downward pressure.
What is the median home price in 78944 Houston?
The median sale price in 78944 is $168K, down -53.5% year-over-year as of 2025-12-31.
How long do homes stay on the market in Houston 78944?
Homes in 78944 Houston spend an average of 30 days on market before going under contract.
Is Houston 78944 a good place to invest in real estate?
Folio's PropIQ™ score for 78944 is 55/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 78944?
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 55 = Caution in 78944 Houston, Texas.