Missouri City, Texas Housing Market Prices
Missouri City 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 39% above the Texas median$358,598
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Median rent 36% above the Texas median$1,904
Housing Market Overview
| Metric | Missouri City | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $358,598 | $258,873 | $248,835 |
| Price Trend (Annual %) | 10.0% | 9.2% | 7.5% |
| Median Gross Rent | $1,904 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Missouri City is about 39% higher than in Texas. Rent is about 36% 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 Missouri City, up about 10.0% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Missouri City rose about 42.7% between 2015 and 2024, from $1,334 to $1,904. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Missouri City.
Buying the median-priced home in Missouri City costs roughly 15.7 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 Missouri City. The price-to-rent ratio in Texas is about 15.4.
| Metric | Missouri City | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $358,598 | $258,873 | $248,835 |
| Median Household Income | $97,888 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.7 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Missouri City rose about 113.0%, while median household income rose about 25.5% 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 | Missouri City | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 77.6% | 56.7% | 58.5% |
| Rental Rate | 18.4% | 33.9% | 31.2% |
| Vacancy Rate | 4.1% | 9.4% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Missouri City has a homeownership rate of 77.6%, higher than the Texas average of 56.7%. Its housing vacancy rate is 4.1%, compared with 9.4% in Texas.
Housing Stock
| Metric | Missouri City | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.81 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1995 | 1990 | 1978 |
| Median Number of Rooms | 6.5 | 5.4 | 5.5 |
The typical housing unit in Missouri City was built around 1995. On average, 2.8 people live in a home with about 6.5 rooms, staying for about 14.0 years on average.
Missouri City, TX Housing Compared With Nearby Cities
How Missouri City, TX compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Missouri City, TX | 83,037 | $358,598 #2/3 | $1,904 #3/3 | 80.8% #3/3 |
| Fresno, TX | 20,405 | $192,140 | $2,044 | 81.1% |
| Sienna, TX | 22,341 | $600,483 | $2,370 | 95.3% |
Frequently Asked Questions
Common questions about the housing market in Missouri City, Texas.
What is the median home price in Missouri City, Texas?
The median home price in Missouri City, Texas is $358,598, higher than the Texas average of $258,873.
What is the average home price in Missouri City, Texas?
The typical home price in Missouri City, Texas, reported as the median sale price, is $358,598. 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 Missouri City, Texas?
The median gross rent in Missouri City, Texas is $1,904 per month, higher than the Texas average of $1,402.
What was the median gross rent in Missouri City in 2020?
In 2020, the median gross rent in Missouri City, Texas was $1,612 per month.
What is the price-to-rent ratio in Missouri City, Texas?
The price-to-rent ratio in Missouri City, Texas is about 15.7, meaning it would take roughly 15.7 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 Missouri City.
Are home prices or rent rising faster in Missouri City, Texas?
Both home prices and rent are rising in Missouri City, up about 10.0% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Missouri City, Texas?
77.6% of households in Missouri City, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Missouri City, Texas?
The housing vacancy rate in Missouri City, Texas is 4.1%, lower than the Texas average of 9.4%.
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