Missouri City, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Missouri City Neighborhoods Since 2000




Missouri City, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Missouri City Housing Market Information

With 74,139 people, 23,231 houses or apartments, and a median cost of homes of $218,029, Missouri City real estate is some of the most expensive in Texas, although Missouri City home values aren't among America's most expensive.

Missouri City is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Missouri City than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Missouri City. Owner-occupied housing accounts for 82.68% of Missouri City's homes, and 84.13% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Missouri City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Missouri City built between 2000 and later ( 25.35%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.32%).

Missouri City Home Appreciation Rates

In the last 10 years, Missouri City has experienced some of the highest home appreciation rates of any community in the nation. Missouri City real estate appreciated 22.26% over the last ten years, which is an average annual home appreciation rate of 2.03%, putting Missouri City in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Missouri City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Missouri City's appreciation rate, at 4.47%, has been at or slightly above the national average. In the latest quarter, Missouri City's appreciation rate has been -0.09%, which annualizes to a rate of -0.38%.

Relative to Texas, our data show that Missouri City's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Missouri City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Missouri City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Missouri City real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$218,029

Missouri City, TX HOME PRICES

Value Range
> $1,217,000 0.4
$912,001 - $1,217,000 0.5
$608,001 - $912,000 1.8
$487,001 - $608,000 2.2
$365,001 - $487,000 5.8
$243,001 - $365,000 21.6
$122,001 - $243,000 48.2
$61,001 - $122,000 16.4
$0 - $61,000 3.1

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
28.0792218446033 13.3268482490272

Number Of Homes And Apartments:
23,231

Missouri City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
49.66% 2.36% 2 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,840 / per month

Homeownership Rate

Homeownership
Owners 82.68
Renters 17.32
Vacant 3.74

Housing Market Details

 

Age of Homes

AGE OF Missouri City HOMES
2000 or Newer 25.3
1970 - 1999 69.0
1940 - 1969 5.3
1939 or Older 0.4

Types of Homes

TYPE OF Missouri City HOMES
Single-Family 90.7
Townhomes 4.5
Small Apt. Buildings 0.3
Apt. Complexes 4.4
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Missouri City HOMES
No Bedroom 0.56
1 Bedroom 2.08
2 Bedrooms 5.69
3 Bedrooms 40.62
4 Bedrooms 43.50
5 or more bedrooms 7.55