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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stafford is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Stafford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stafford, TX

How much do homes in Stafford, TX cost?

Median Sold Price

$290,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$19,612(-6.3%)

Key Takeaway

Homes in Stafford have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in Stafford was $290,000 in November 2024, down 6.3% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$142K
N/A
2 $160K$265K
+65.6%
3 $295K$255K
-13.6%
4 $327.2K$348K
+6.3%
5+ $350K$328.2K
-6.2%

Summary: Stafford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 65.6%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 6.2%.

Median Sold Price Compared To Nearby Cities

Meadows Place
+6.6%
Stafford-Missouri City
+3.1%
Sugar Land
+1.3%
Missouri City
+1.0%
Stafford
-6.3%

Housing Supply in Stafford, TX

How many homes are available in Stafford, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4234-19.0%

Summary: The Stafford real estate market had 34 homes for sale in November 2024, a 19.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2515
-40.0%
4 1213
+8.3%
5+ 23
+50.0%

Summary: The Stafford housing inventory by bedroom type for November 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 40%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
133-76.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stafford, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Stafford in November 2024, down by 76.9% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
18 Days25 Days+32.7%

Summary: Homes in Stafford had an average of 25 days on market in Nov 2024, up by 32.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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 November 2024, 3 homes were sold in Stafford; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

Newest Listings in Stafford, TX

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