77055 Zip Code Real Estate Market Continues Weakness in Price Cuts

The 77055 zip code market saw sales remain steady this week at 30 homes sold over the last 30 days, while it undergoes a solid downward trend in price reductions, with 74 in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Prices are rising in the 77055 zip code, and the median sales price this period increased from $319,950 to $334,950. The 77055 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.

You never know when the perfect home may come in the market so take a look at the new listings in the 77055 zip code:

$699K   $515K   $500K  

Get started right now by checking out 77055 homes for sale or reviewing 77055 real estate trends.

Demographic facts about the 77055 zip code:

  • This area has an affordability rating of 52. (Scale: 1 = Worst, 100 = Best)
  • This area usually gets 49.4 inches of rain each year. (U.S. average: 36.5)
  • The income per capita in this area is $23,279.
  • The area's school rating is 58. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016


Ask a local expert about this area:
Realm Real Estate Professionals
Snapped 11 homes in this area
Keller Williams Metropolitan
Snapped 53 homes in this area
American Property Realty LLC
Snapped 1 home in this area

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