Is Houston, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Houston has remained a Seller's Market.
Housing Prices in Houston, MO
How much do homes in Houston, MO cost?
Median Sold Price
$176,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Houston was $176,000 in March 2024, up 38.6% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $189.9K | N/A |
2 Bedrooms | $87K | $129.9K | +49.4% |
3 Bedrooms | $125.5K | $174.5K | +39.0% |
4 Bedrooms | $175K | $322.7K | +84.4% |
5+ Bedrooms | $317.5K | $247.4K | -22.1% |
Summary: Houston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.4%, 3 bedroom homes increased by 39%, 4 bedroom homes increased by 84.4%, and 5+ bedroom homes decreased by 22.1%.
Median Sold Price Compared To Nearby Cities
Houston | $127K | $176K | +38.6% |
Piney Township | $135K | $176K | +30.4% |
Housing Supply in Houston, MO
How many homes are available in Houston, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 44 | +4.8% |
Summary: The Houston real estate market had 44 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 28 | 32 | +14.3% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Houston housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 14 | +133.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Houston in March 2024, up by 133.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Houston, MO
How long does it take to sell a home in Houston, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 20 Days | -64.0% |
Summary: Homes in Houston had an average of 20 days on market in Mar 2024, down by 64% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Houston; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.