Is Stafford, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stafford is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Stafford has remained a Seller's Market.

Key Takeaway

Stafford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stafford, TX

How much do homes in Stafford, TX cost?

Median Sold Price

$230,000

$141/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$109,995(-32.4%)

Key Takeaway

Homes in Stafford have sold for 32.4% less than they did a month ago.

Summary: The median home sold price in Stafford was $230,000 in October 2024, down 32.4% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $265K-
N/A
3 $324.9K$228.1K
-29.8%
4 $381.5K$480K
+25.8%
5+ $409.8K-
N/A

Summary: Stafford housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 29.8%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes did not change.

Housing Supply in Stafford, TX

How many homes are available in Stafford, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4345+4.7%

Summary: The Stafford real estate market had 45 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2824
-14.3%
4 712
+71.4%
5+ 45
+25.0%

Summary: The Stafford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stafford, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Stafford in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.

Days on Market for Stafford, TX

How long does it take to sell a home in Stafford, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
36 Days23 Days-34.3%

Summary: Homes in Stafford had an average of 23 days on market in Oct 2024, down by 34.3% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stafford are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in Stafford; 62% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Stafford, TX

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