77988
Victoria, Texas
Victoria 77988 needs watching.
The 77988 ZIP code in Victoria, Texas has a median sale price of $43K, down N/A year-over-year. Homes spend an average of 88 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 77988.
The 77988 ZIP code shows a median sale price of $42,500 with flat year-over-year appreciation, indicating a stagnant price environment where values neither gained nor declined over the past twelve months. Properties averaged 88 days on market as of July 2021, substantially longer than typical markets where velocity signals demand strength. Zero percent of homes sold above asking price, confirming a market where sellers hold minimal pricing power and buyers face no competitive pressure on purchases.
This environment favors cash investors seeking deeply discounted properties and buyers with extended timelines who can negotiate below list price. The absence of bidding wars and extended marketing periods create conditions for investors focused on absolute dollar-cost basis rather than appreciation potential. Sellers face challenging conditions and should expect longer holding periods and potential price concessions, making this unsuitable for those requiring quick liquidity or equity growth.
The PropIQ score of 27 out of 100 signals caution, suggesting underlying market weakness that extends beyond current pricing stagnation. This low intelligence rating indicates elevated risk factors that warrant close monitoring of inventory levels, days-on-market trends, and any further price deterioration. Buyers should verify property condition and title issues given the low absolute pricing, while prospective sellers may benefit from delaying listings until market fundamentals demonstrate measurable improvement.
What is the median home price in 77988 Victoria?
The median sale price in 77988 is $43K, down N/A year-over-year as of 2021-07-31.
How long do homes stay on the market in Victoria 77988?
Homes in 77988 Victoria spend an average of 88 days on market before going under contract.
Is Victoria 77988 a good place to invest in real estate?
Folio's PropIQ™ score for 77988 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 77988?
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 27 = Caution in 77988 Victoria, Texas.