Is Missouri City, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$364,310
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Missouri City was $364,310 in May 2024, up 4.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $219K | $202.5K | -7.5% |
3 Bedrooms | $265.8K | $274.5K | +3.3% |
4 Bedrooms | $379.7K | $392K | +3.3% |
5+ Bedrooms | $605.5K | $659.4K | +8.9% |
Summary: Missouri City 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 decreased by 7.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Cities
Missouri City | $349K | $364.3K | +4.4% |
Sugar Land | $426.7K | $441.9K | +3.6% |
Stafford-Missouri City | $330.3K | $328K | -0.7% |
Fresno | $295K | $293K | -0.7% |
Stafford | $295K | $292.5K | -0.8% |
Housing Supply in Missouri City, TX
How many homes are available in Missouri City, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
570 | 697 | +22.3% |
Summary: The Missouri City real estate market had 697 homes for sale in May 2024, a 22.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 17 | +21.4% |
3 Bedrooms | 175 | 211 | +20.6% |
4 Bedrooms | 270 | 326 | +20.7% |
5+ Bedrooms | 111 | 143 | +28.8% |
Summary: The Missouri City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 28.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
121 | 135 | +11.6% |
Asking Price vs. Sold Price
81 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 135 homes were sold or pending in Missouri City in May 2024, up by 11.6% month-over-month. Of the 135 sold homes, 60% were sold under asking, 24% were sold at asking, and 16% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 44 Days | +11.9% |
Summary: Homes in Missouri City had an average of 44 days on market in May 2024, up by 11.9% compared to last year.
Breakdown of Home Sale Times
84 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During May 2024, 135 homes were sold in Missouri City; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.