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 about Scout's Real Estate Data
With 76,500 people, 26,072 houses or apartments, and a median cost of homes of $368,324, 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 79.46% of Missouri City's homes, and 80.34% 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 ( 35.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.31%).
Real estate appreciation rates in Missouri City's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.38% during the period.
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 4.80%, 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 1.69%, which equates to an annual appreciation rate of 6.92%.
Relative to Texas, our data show that Missouri City's latest annual appreciation rate is higher 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.
$368,324
for Texas
for nation
26,072
$2,406 / per month