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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 74,705, 24,116 total housing units (homes and apartments), and a median house value of $233,310, Missouri City real estate prices are well above average cost compared to national prices.
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 80.55% of Missouri City's homes, and 81.67% 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 ( 27.76%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.16%).
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 49.35% over the last ten years, which is an average annual home appreciation rate of 4.09%, 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.
Over the last year, Missouri City appreciation rates have trailed the rest of the nation. In the last twelve months, Missouri City's appreciation rate has been 1.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Missouri City were at 0.47%, which equates to an annual appreciation rate of 1.87%.
Notably, Missouri City's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Missouri City's latest annual appreciation rate is lower than 90% 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.
|$892,001 - $1,190,000||0.6|
|$595,001 - $892,000||2.7|
|$476,001 - $595,000||3.4|
|$357,001 - $476,000||8.3|
|$238,001 - $357,000||23.8|
|$119,001 - $238,000||45.7|
|$60,001 - $119,000||12.0|
|$0 - $60,000||2.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
2000 Q1 - 2019 Q3
|* 10 is highest|
|AGE OF Missouri City HOMES|
|2000 or Newer||27.8|
|1970 - 1999||67.7|
|1940 - 1969||4.2|
|1939 or Older||0.4|
|TYPE OF Missouri City HOMES|
|Small Apt. Buildings||0.2|
|SIZE OF Missouri City HOMES|
|5 or more bedrooms||8.56|