Is Missouri City, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Missouri City has remained a Seller's Market.
Housing Prices in Missouri City, TX
How much do homes in Missouri City, TX cost?
Median Sold Price
$360,950
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Missouri City was $360,950 in April 2024, up 8.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $197K | $207.5K | +5.3% |
3 Bedrooms | $265K | $275K | +3.8% |
4 Bedrooms | $367.7K | $390K | +6.1% |
5+ Bedrooms | $533K | $671K | +25.9% |
Summary: Missouri City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 25.9%.
Median Sold Price Compared To Nearby Cities
Missouri City | $332.2K | $360.9K | +8.6% |
Sugar Land | $420.6K | $441.9K | +5.1% |
Fresno | $288K | $295K | +2.4% |
Stafford-Missouri City | $325.5K | $327.2K | 0.5% |
Stafford | $292.4K | $285K | -2.5% |
Housing Supply in Missouri City, TX
How many homes are available in Missouri City, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
478 | 574 | +20.1% |
Summary: The Missouri City real estate market had 574 homes for sale in April 2024, a 20.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 15 | -6.3% |
3 Bedrooms | 149 | 175 | +17.4% |
4 Bedrooms | 222 | 270 | +21.6% |
5+ Bedrooms | 91 | 114 | +25.3% |
Summary: The Missouri City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 25.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
102 | 106 | +3.9% |
Asking Price vs. Sold Price
73 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 106 homes were sold or pending in Missouri City in April 2024, up by 3.9% month-over-month. Of the 106 sold homes, 69% were sold under asking, 18% were sold at asking, and 13% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 37 Days | -5.9% |
Summary: Homes in Missouri City had an average of 37 days on market in Apr 2024, down by 5.9% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 106 homes were sold in Missouri City; 60% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.