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 buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Stafford-Missouri City was a Seller's Market.

Key Takeaway

Stafford-Missouri City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stafford-Missouri City, TX

How much do homes in Stafford-Missouri City, TX cost?

Median Sold Price

$335,475

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,970(+3.1%)

Key Takeaway

Homes in Stafford-Missouri City have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Stafford-Missouri City was $335,475 in November 2024, up 3.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K-
N/A
2 $194K$190K
-2.1%
3 $269.9K$269.9K
0%
4 $349.2K$369.3K
+5.8%
5+ $615K$670K
+8.9%

Summary: Stafford-Missouri City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Stafford-Missouri City
+3.1%
Arcola
+2.5%
Missouri City
+1.0%
Fresno
-1.0%
Stafford
-6.3%

Housing Supply in Stafford-Missouri City, TX

How many homes are available in Stafford-Missouri City, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
749763+1.9%

Summary: The Stafford-Missouri City real estate market had 763 homes for sale in November 2024, a 1.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1413
-7.1%
3 244257
+5.3%
4 373374
0.3%
5+ 118119
+0.8%

Summary: The Stafford-Missouri City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 0.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
158105-33.5%

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

17 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. 63.8% of homes here sold below asking price last month.

Summary: A total of 105 homes were sold or pending in Stafford-Missouri City in November 2024, down by 33.5% month-over-month. Of the 105 sold homes, 64% were sold under asking, 20% were sold at asking, and 16% 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

Nov 2023Nov 2024CHANGE
45 Days42 Days-5.5%

Summary: Homes in Stafford-Missouri City had an average of 42 days on market in Nov 2024, down by 5.5% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

16 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 November 2024, 105 homes were sold in Stafford-Missouri City; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 15% 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 8 Days Ago

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