As we head into summer, the Mueller housing market continues to demonstrate two distinct trends. Single-family homes remain highly competitive amid limited inventory, while townhomes are offering buyers more options and value.

Here's a look at how the Mueller market performed in May.

Single-Family Homes

At a Glance

• Median Sale Price: $975,000

• Year-over-Year Change: +21%

• Median Size: Approximately 1,900 square feet

• Median Home Age: 8 years

• Closed Price vs. List Price: Just over 100%

• Median Price Per Square Foot: $475

Market Notes

• Inventory remains low and continues to decline.

• Homes are generally being priced effectively and attracting strong buyer interest.

• Closed prices exceeding asking prices indicate continued competition among buyers.

Townhomes

At a Glance

• Median Sale Price: $845,000

• Year-over-Year Change: Slight decrease

• Median Size: Nearly 2,300 square feet

• Closed Price vs. List Price: 98.6%

• Median Price Per Square Foot: $381

Market Notes

• Closed sales increased despite a slower market environment.

• Current inventory includes a significant number of three-story new construction homes.

• Sellers have been adjusting prices to align with market conditions, helping inventory continue to move.

By the Numbers

Key Takeaways

• Single-family homes continue to experience strong demand and limited supply.

• Townhomes offer more square footage and greater inventory availability.

• Across both segments, homes that are appropriately priced and well presented continue to perform best.

The Mueller market remains active, but conditions can vary significantly depending on property type and individual circumstances.

Interested in what these numbers mean for your buying or selling plans?
Read Ashley Jackson’s perspective on this month's market trends, or reach out to the Mueller Residential Group team to discuss your goals and options.