Real estate
BY TOMER RONEN
With 440 homes on the market by the end of April, the Sugar Land real estate market had more than 4.5 months of inventory available for the first time since May 2020, according to data from the Texas A&M Real Estate Research Center. The Missouri City real estate market stayed stable with 405 homes on the market by the end of April, staying above 360 homes available for the 11th consecutive month, the first time since 2019. Supply chain issues and record-low interest rates during the early COVID-19 pandemic affected inven- tory levels, which were as low as 0.42 months of inventory locally in February 2020, said Shae Cottar, chair of the Houston Association of Realtors. “I think that while a lot of times it’s easy to Sugar Land home inventory rises for 1st time since 2020
Sugar Land and Missouri City active listings
Sugar Land Missouri City
800
612
600
440
400
200
405
352
0
2020
2021
2022
2023
2024
2025
NOTE: CHART INCLUDES DATA FROM THE SUGAR LAND SOUTH, SUGAR LAND WEST AND MISSOURI CITY MARKETS.
SOURCE: TEXAS A&M REAL ESTATE CENTER/COMMUNITY IMPACT
in Missouri City, compared to 43% in Fort Bend County, according to HAR’s Q1 Housing and Rental Affordability Report released May 8. In the first quarter, the median price of a home in the Missouri City area was $340,000, with a minimum qualifying annual household income of $105,200, and Sugar Land’s median home price was $485,000 with a minimum income of $141,600, data showed. Additionally, Fort Bend County’s median home was $378,000, and its minimum income was $117,600.
look at the last five years and feel like that is the way it is, that’s normal; if you look on a historical timeline, I think what we’re actually seeing right now is a normalizing of the market,” Cottar said at the June 10 Houston Northwest Chamber of Commerce luncheon. Also of note During the first three months of 2025, 34% of Sugar Land households could afford to buy a medi- an-priced home, while the number climbed to 49%
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