Is Fort Bend County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Bend County is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Fort Bend County has remained a Seller's Market.

Key Takeaway

Fort Bend County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fort Bend County, TX

How much do homes in Fort Bend County, TX cost?

Median Sold Price

$408,212

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$10,829(+2.7%)

Key Takeaway

Homes in Fort Bend County have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Fort Bend County was $408,212 in June 2024, up 2.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $250K$239K
-4.4%
2 $280.1K$300K
+7.1%
3 $307K$314.4K
+2.4%
4 $433.7K$445.4K
+2.7%
5+ $641.6K$674K
+5.1%

Summary: Fort Bend County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Counties

Wharton County
+7.6%
Fort Bend County
+2.7%
Waller County
+2.0%
Brazoria County
+1.6%
Austin County
-2.1%

Housing Supply in Fort Bend County, TX

How many homes are available in Fort Bend County, TX?

Number of Homes For Sale

May 2024Jun 2024CHANGE
3,3953,891+14.6%

Summary: The Fort Bend County real estate market had 3,891 homes for sale in June 2024, a 14.6% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 43
-25.0%
2 113123
+8.8%
3 9531,089
+14.3%
4 1,6961,934
+14.0%
5+ 629742
+18.0%

Summary: The Fort Bend County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 18%.

Number of Homes Sold

May 2024Jun 2024CHANGE
870706-18.9%

Asking Price vs. Sold Price

413 Homes Were Sold
Under Asking

150 Homes Were Sold
At Asking

142 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Bend County, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.

Summary: A total of 706 homes were sold or pending in Fort Bend County in June 2024, down by 18.9% month-over-month. Of the 705 sold homes, 59% were sold under asking, 21% were sold at asking, and 20% 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

Jun 2023Jun 2024CHANGE
26 Days29 Days+11.3%

Summary: Homes in Fort Bend County had an average of 29 days on market in Jun 2024, up by 11.3% compared to last year.

Breakdown of Home Sale Times

487 Homes Were Sold
Under 30 Days

168 Homes Were Sold
In 30 - 90 Days

51 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Bend County are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 706 homes were sold in Fort Bend County; 69% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Fort Bend County, TX

Nearby Markets to Fort Bend County, TX

What housing markets are near Fort Bend County, TX?