Is Stafford-Missouri City, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Stafford-Missouri City has remained a Seller's Market.
Housing Prices in Stafford-Missouri City, TX
How much do homes in Stafford-Missouri City, TX cost?
Median Sold Price
$328,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stafford-Missouri City was $328,000 in May 2024, down 0.7% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | - | N/A |
2 Bedrooms | $173K | $190K | +9.8% |
3 Bedrooms | $258.1K | $261.5K | +1.3% |
4 Bedrooms | $367.6K | $362.9K | -1.3% |
5+ Bedrooms | $605.5K | $633.5K | +4.6% |
Summary: Stafford-Missouri City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Cities
Arcola | $299.9K | $322.6K | +7.6% |
Missouri City | $349K | $364.3K | +4.4% |
Stafford-Missouri City | $330.3K | $328K | -0.7% |
Fresno | $295K | $293K | -0.7% |
Stafford | $295K | $292.5K | -0.8% |
Housing Supply in Stafford-Missouri City, TX
How many homes are available in Stafford-Missouri City, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
752 | 878 | +16.8% |
Summary: The Stafford-Missouri City real estate market had 878 homes for sale in May 2024, a 16.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 243 | 278 | +14.4% |
4 Bedrooms | 370 | 433 | +17.0% |
5+ Bedrooms | 122 | 152 | +24.6% |
Summary: The Stafford-Missouri City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 24.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
150 | 189 | +26.0% |
Asking Price vs. Sold Price
101 Homes Were Sold
Under Asking
59 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 189 homes were sold or pending in Stafford-Missouri City in May 2024, up by 26.0% month-over-month. Of the 189 sold homes, 53% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for Stafford-Missouri City, TX
How long does it take to sell a home in Stafford-Missouri City, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 44 Days | +7.8% |
Summary: Homes in Stafford-Missouri City had an average of 44 days on market in May 2024, up by 7.8% compared to last year.
Breakdown of Home Sale Times
111 Homes Were Sold
Under 30 Days
51 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Summary: During May 2024, 189 homes were sold in Stafford-Missouri City; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.