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 March 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

$324,811

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$397(-0.1%)

Key Takeaway

The sold price of homes in Stafford-Missouri City has remained the same since last year.

Summary: The median home sold price in Stafford-Missouri City was $324,811 in March 2024, down 0.1% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250K-
N/A
2 $170.5K$175K
+2.6%
3 $250K$260.1K
+4.1%
4 $375K$359.6K
-4.1%
5+ $620K$628.5K
+1.4%

Summary: Stafford-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 2.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Missouri City
+9.4%
Fresno
+2.5%
Stafford-Missouri City
-0.1%
Stafford
-1.0%

Housing Supply in Stafford-Missouri City, TX

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
553662+19.7%

Summary: The Stafford-Missouri City real estate market had 662 homes for sale in March 2024, a 19.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1921
+10.5%
3 184207
+12.5%
4 267329
+23.2%
5+ 82104
+26.8%

Summary: The Stafford-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 10.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 26.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
107122+14.0%

Asking Price vs. Sold Price

70 Homes Were Sold
Under Asking

40 Homes Were Sold
At Asking

12 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. 57.4% of homes here sold below asking price last month.

Summary: A total of 122 homes were sold or pending in Stafford-Missouri City in March 2024, up by 14.0% month-over-month. Of the 122 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% 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

Mar 2023Mar 2024CHANGE
52 Days45 Days-13.4%

Summary: Homes in Stafford-Missouri City had an average of 45 days on market in Mar 2024, down by 13.4% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

43 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 March 2024, 122 homes were sold in Stafford-Missouri City; 52% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% 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 25 Days Ago

Newest Listings in Stafford-Missouri City, TX

Nearby Markets to Stafford-Missouri City, TX

What housing markets are near Stafford-Missouri City, TX?