Is Missouri City, TX 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, Missouri City has remained a Seller's Market.
Key Takeaway
Missouri City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Missouri City, TX
How much do homes in Missouri City, TX cost?
Median Sold Price
$359,240
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Missouri City have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Missouri City was $359,240 in March 2024, up 9.4% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $205K | +5.1% |
| 3 Bedrooms | $260K | $274.8K | +5.7% |
| 4 Bedrooms | $363.5K | $390K | +7.3% |
| 5+ Bedrooms | $524.5K | $656.8K | +25.2% |
Summary: Missouri City 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 5.1%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 25.2%.
Median Sold Price Compared To Nearby Cities
| Missouri City | $328.2K | $359.2K | +9.4% |
| Fresno | $286.7K | $294K | +2.5% |
| Sugar Land | $425K | $433.5K | +2.0% |
| Stafford-Missouri City | $325.2K | $324.8K | -0.1% |
| Stafford | $292K | $289K | -1.0% |
Housing Supply in Missouri City, TX
How many homes are available in Missouri City, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 418 | 509 | +21.8% |
Summary: The Missouri City real estate market had 509 homes for sale in March 2024, a 21.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 140 | 157 | +12.1% |
| 4 Bedrooms | 189 | 238 | +25.9% |
| 5+ Bedrooms | 76 | 97 | +27.6% |
Summary: The Missouri City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 27.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 87 | 94 | +8.0% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Missouri City, you may be able to get a good deal. 59.6% of homes here sold below asking price last month.
Summary: A total of 94 homes were sold or pending in Missouri City in March 2024, up by 8.0% month-over-month. Of the 94 sold homes, 60% were sold under asking, 31% were sold at asking, and 10% were sold over asking.
Days on Market for Missouri City, TX
How long does it take to sell a home in Missouri City, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 46 Days | -14.1% |
Summary: Homes in Missouri City had an average of 46 days on market in Mar 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Missouri City are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 94 homes were sold in Missouri City; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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