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 January 2022

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.

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

Median Sold Price

$399,667

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$45,795(+12.9%)

Key Takeaway

Homes in Fort Bend County have sold for 12.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $220K$250K
+13.6%
2 $250K$272K
+8.8%
3 $268.6K$304.7K
+13.4%
4 $376.3K$434.7K
+15.5%
5+ $544.8K$648.7K
+19.1%

Median Sold Price Compared To Nearby Counties

Waller County
+15.7%
Fort Bend County
+12.9%
Brazoria County
+12.1%
Austin County
+5.9%
Wharton County
+5.0%

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

Number of Homes For Sale

Dec 2022Jan 2023%
1,8721,975+5.5%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 42
-50.0%
2 5358
+9.4%
3 602646
+7.3%
4 918942
+2.6%
5+ 295327
+10.8%

Number of Homes Sold

Dec 2022Jan 2023%
514363-29.4%

Asking Price vs. Sold Price

264 Homes Were Sold
Under Asking

57 Homes Were Sold
At Asking

42 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. 72.7% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
22 Days43 Days+97.1%

Breakdown of Home Sale Times

182 Homes Were Sold
Under 30 Days

128 Homes Were Sold
In 30 - 90 Days

53 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.

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

About Fort Bend County, TX

Homes for sale in Fort Bend County, TX have reached 1,975. The number of homes for sale in Fort Bend County, TX increased by 5.5% between December 2022 and January 2023. Listings spent 43 days on the market in January 2023, and had a median list price of $399,667 during the same period. Listing prices have changed in this real estate market between December 2022 and January 2023: prices of 1 bedroom properties increased by 13.6%, 2 bedrooms properties prices increased by 8.8%, prices of 3 bedrooms properties increased by 13.4%, the cost of 4 bedrooms properties went up by 15.5%, 5 bedrooms properties prices increased by 19.1%. This housing market inventory have changed: the quantity of 1 bedroom homes went down by 50%, volume of 2 bedrooms homes went up by 9.4%, number of 3 bedrooms homes increased by 7.3%, 4 bedrooms homes became 2.6% more available, number of 5 bedrooms homes increased by 10.8%. In January 2023, from all listings sold in Fort Bend County, TX there were more than 42 sold above asking price, over 264 sold below and more than 57 were sold right at the asked price.

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