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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stafford-Missouri City is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Stafford-Missouri City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Stafford-Missouri City, TX

How much do homes in Stafford-Missouri City, TX cost?

Median Sold Price

$332,572

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,234(+3.2%)

Key Takeaway

Homes in Stafford-Missouri City have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Stafford-Missouri City was $332,572 in October 2024, up 3.2% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K-
N/A
2 $187K$190K
+1.6%
3 $259.8K$266.6K
+2.6%
4 $352.9K$365K
+3.4%
5+ $616.6K$669.9K
+8.6%

Summary: Stafford-Missouri City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 8.6%.

Median Sold Price Compared To Nearby Cities

Missouri City
+4.3%
Stafford-Missouri City
+3.2%
Fresno
-1.6%

Housing Supply in Stafford-Missouri City, TX

How many homes are available in Stafford-Missouri City, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
721848+17.6%

Summary: The Stafford-Missouri City real estate market had 848 homes for sale in October 2024, a 17.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1116
+45.5%
3 233267
+14.6%
4 358430
+20.1%
5+ 119135
+13.4%

Summary: The Stafford-Missouri City 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 increased by 45.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 13.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
128138+7.8%

Asking Price vs. Sold Price

85 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stafford-Missouri City, you may be able to get a good deal. 61.6% of homes here sold below asking price last month.

Summary: A total of 138 homes were sold or pending in Stafford-Missouri City in October 2024, up by 7.8% month-over-month. Of the 138 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.

Days on Market for Stafford-Missouri City, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days45 Days+50.4%

Summary: Homes in Stafford-Missouri City had an average of 45 days on market in Oct 2024, up by 50.4% compared to last year.

Breakdown of Home Sale Times

79 Homes Were Sold
Under 30 Days

38 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 138 homes were sold in Stafford-Missouri City; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% 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

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