2022
REAL ESTATE EDITION
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REAL ESTATE DATA
COMPILED BY HUNTER MARROW
2021-22 Sugar Land | Missouri City Real estate market at a glance
77459
77478
90
Much of the Sugar Land and Missouri City area continues to experience lower housing inventory this year compared to 2021. In all of the ve area ZIP codes, homes were on the market for less time between June 2021-May 2022 compared to June 2020-May 2021. Prices, meanwhile, continue to rise, with the highest price increase in ZIP code 77489, at 21.35%. SOURCES: ALINA ROGERS, FREDDIE MAC, SPARROW REALTY COMMUNITY IMPACT NEWSPAPER
99 TOLL
77479
59
77489
77498
N
Average days on market
Average home sales price
June 2020-May 2021
June 2021-May 2022
June 2020-May 2021
June 2021-May 2022
77459
77489
$380,745
$187,489
+17.5%
+21.35%
$447,372
$227,526
77478
77498
$284,164
$393,532
+6.34%
+19.71%
$418,477
$340,185
77479
$465,534
+12.79%
$525,065
77459
77478
77479
77489
77498
National mortgage rate data Mortgage rates steadily declined early in the pandemic with the 30-year xed-rate mortgage dropping to as low as 2.65% in January 2021. Rates have since increased, spiking to their highest point since 2009 as of late June.
Number of homes sold
June 2020-May 2021
June 2021-May 2022
30-year xed-rate mortgage
15-year xed-rate mortgage
5.27%
5%
4.51%
3.72%
4.52%
4%
2.65% 3.22%
3%
3.99%
3.16%
2% 0 January 2019
2.16%
2.43%
January 2020
January 2021
January 2022
77459
77478
77479
77489
77498
11
SUGAR LAND MISSOURI CITY EDITION • JULY 2022
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