Mission Bend, Texas Housing Market Prices
Mission Bend Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 23% above the Texas median$317,682
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Median rent 25% above the Texas median$1,749
Housing Market Overview
| Metric | Mission Bend | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $317,682 | $258,873 | $248,835 |
| Price Trend (Annual %) | 14.6% | 9.2% | 7.5% |
| Median Gross Rent | $1,749 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Mission Bend is about 23% higher than in Texas. Rent is about 25% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Mission Bend, up about 14.6% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Mission Bend rose about 39.8% between 2015 and 2024, from $1,250 to $1,749. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.6 yearly household incomes in Mission Bend.
Buying the median-priced home in Mission Bend costs roughly 15.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Mission Bend. The price-to-rent ratio in Texas is about 15.4.
| Metric | Mission Bend | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $317,682 | $258,873 | $248,835 |
| Median Household Income | $69,721 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Mission Bend rose about 197.6%, while median household income rose about 8.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Mission Bend | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.6% | 56.7% | 58.5% |
| Rental Rate | 22.0% | 33.9% | 31.2% |
| Vacancy Rate | 5.3% | 9.4% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Mission Bend has a homeownership rate of 72.6%, higher than the Texas average of 56.7%. Its housing vacancy rate is 5.3%, compared with 9.4% in Texas.
Housing Stock
| Metric | Mission Bend | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.38 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1987 | 1990 | 1978 |
| Median Number of Rooms | 6.1 | 5.4 | 5.5 |
The typical housing unit in Mission Bend was built around 1987. On average, 3.4 people live in a home with about 6.1 rooms, staying for about 18.0 years on average.
Mission Bend, TX Housing Compared With Nearby Cities
How Mission Bend, TX compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Mission Bend, TX | 32,820 | $317,682 #3/3 | $1,749 #2/3 | 76.7% #3/3 |
| Pecan Grove, TX | 21,316 | $353,985 | $1,743 | 87.8% |
| Sugar Land, TX | 108,793 | $397,458 | $1,898 | 77.8% |
Frequently Asked Questions
Common questions about the housing market in Mission Bend, Texas.
What is the median home price in Mission Bend, Texas?
The median home price in Mission Bend, Texas is $317,682, higher than the Texas average of $258,873.
What is the average home price in Mission Bend, Texas?
The typical home price in Mission Bend, Texas, reported as the median sale price, is $317,682. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Mission Bend, Texas?
The median gross rent in Mission Bend, Texas is $1,749 per month, higher than the Texas average of $1,402.
What was the median gross rent in Mission Bend in 2020?
In 2020, the median gross rent in Mission Bend, Texas was $1,505 per month.
What is the price-to-rent ratio in Mission Bend, Texas?
The price-to-rent ratio in Mission Bend, Texas is about 15.1, meaning it would take roughly 15.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Mission Bend.
Are home prices or rent rising faster in Mission Bend, Texas?
Both home prices and rent are rising in Mission Bend, up about 14.6% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Mission Bend, Texas?
72.6% of households in Mission Bend, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Mission Bend, Texas?
The housing vacancy rate in Mission Bend, Texas is 5.3%, lower than the Texas average of 9.4%.
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