Is Stafford-Missouri City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stafford-Missouri City is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Stafford-Missouri City has remained a Seller's Market.

Key Takeaway

Stafford-Missouri City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$2,384(-0.7%)

Key Takeaway

Homes in Stafford-Missouri City have sold for 0.7% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $250K-
N/A
2 $173K$190K
+9.8%
3 $258.1K$261.5K
+1.3%
4 $367.6K$362.9K
-1.3%
5+ $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
+7.6%
Missouri City
+4.4%
Stafford-Missouri City
-0.7%
Fresno
-0.7%
Stafford
-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 2024May 2024CHANGE
752878+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1715
-11.8%
3 243278
+14.4%
4 370433
+17.0%
5+ 122152
+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 2024May 2024CHANGE
150189+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stafford-Missouri City, you may be able to get a good deal. 53.4% of homes here sold below asking price last month.

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 2023May 2024CHANGE
41 Days44 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stafford-Missouri City are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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