Is Houston, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Houston was a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $189.9K | - | N/A |
2 Bedrooms | $87K | $120K | +37.9% |
3 Bedrooms | $163K | $145K | -11.0% |
4 Bedrooms | $175K | $290K | +65.7% |
5+ Bedrooms | $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 | $150K | $155K | +3.3% |
Piney Township | $151K | $155K | +2.6% |
Housing Supply in Houston, MO
How many homes are available in Houston, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 34 | -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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 25 | 24 | -4.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 0 | 0 | 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 2024 | May 2024 | CHANGE |
---|---|---|
12 | 5 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
84 Days | 97 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
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.