Is Fort Bend County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fort Bend County has remained a Seller's Market.
Housing Prices in Fort Bend County, TX
How much do homes in Fort Bend County, TX cost?
Median Sold Price
$407,796
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fort Bend County was $407,796 in April 2024, up 2.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $246.7K | -1.3% |
2 Bedrooms | $278.3K | $306.5K | +10.1% |
3 Bedrooms | $304.9K | $312.8K | +2.6% |
4 Bedrooms | $433K | $445.3K | +2.8% |
5+ Bedrooms | $649.9K | $670.4K | +3.2% |
Summary: Fort Bend County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Counties
Austin County | $359.8K | $373K | +3.7% |
Wharton County | $214K | $220K | +2.8% |
Fort Bend County | $398.9K | $407.7K | +2.2% |
Waller County | $320K | $322.2K | +0.7% |
Brazoria County | $330.7K | $330.9K | 0.1% |
Housing Supply in Fort Bend County, TX
How many homes are available in Fort Bend County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,641 | 3,193 | +20.9% |
Summary: The Fort Bend County real estate market had 3,193 homes for sale in April 2024, a 20.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 114 | 122 | +7.0% |
3 Bedrooms | 763 | 890 | +16.6% |
4 Bedrooms | 1,329 | 1,608 | +21.0% |
5+ Bedrooms | 433 | 570 | +31.6% |
Summary: The Fort Bend County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 21%, and 5+ bedroom homes increased by 31.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
609 | 656 | +7.7% |
Asking Price vs. Sold Price
425 Homes Were Sold
Under Asking
120 Homes Were Sold
At Asking
111 Homes Were Sold
Over Asking
Summary: A total of 656 homes were sold or pending in Fort Bend County in April 2024, up by 7.7% month-over-month. Of the 656 sold homes, 65% were sold under asking, 18% were sold at asking, and 17% were sold over asking.
Days on Market for Fort Bend County, TX
How long does it take to sell a home in Fort Bend County, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 36 Days | -10.2% |
Summary: Homes in Fort Bend County had an average of 36 days on market in Apr 2024, down by 10.2% compared to last year.
Breakdown of Home Sale Times
425 Homes Were Sold
Under 30 Days
145 Homes Were Sold
In 30 - 90 Days
86 Homes Were Sold
Over 90 Days
Summary: During April 2024, 656 homes were sold in Fort Bend County; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.