Is Houston, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Houston is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Houston was a Seller's Market.

Key Takeaway

Houston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Houston, MO

How much do homes in Houston, MO cost?

Median Sold Price

$155,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,000(+3.3%)

Key Takeaway

Homes in Houston have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Houston was $155,000 in May 2024, up 3.3% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $189.9K-
N/A
2 $87K$120K
+37.9%
3 $163K$145K
-11.0%
4 $175K$290K
+65.7%
5+ $317.5K$247.4K
-22.1%

Summary: Houston 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 37.9%, 3 bedroom homes decreased by 11%, 4 bedroom homes increased by 65.7%, and 5+ bedroom homes decreased by 22.1%.

Median Sold Price Compared To Nearby Cities

Houston
+3.3%
Piney Township
+2.6%

Housing Supply in Houston, MO

How many homes are available in Houston, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3534-2.9%

Summary: The Houston real estate market had 34 homes for sale in May 2024, a 2.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 2524
-4.0%
4 78
+14.3%
5+ 00
0.0%

Summary: The Houston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Houston, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Houston in May 2024, down by 58.3% month-over-month. Of the 4 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

May 2023May 2024CHANGE
84 Days97 Days+15.2%

Summary: Homes in Houston had an average of 97 days on market in May 2024, up by 15.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Houston has remained consistent over time.

Summary: During May 2024, 5 homes were sold in Houston; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 1 Day Ago

Newest Listings in Houston, MO

Nearby Markets to Houston, MO

What housing markets are near Houston, MO?