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 June 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
$408,212
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
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
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $239K | -4.4% |
2 Bedrooms | $280.1K | $300K | +7.1% |
3 Bedrooms | $307K | $314.4K | +2.4% |
4 Bedrooms | $433.7K | $445.4K | +2.7% |
5+ Bedrooms | $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 | $210K | $226K | +7.6% |
Fort Bend County | $397.3K | $408.2K | +2.7% |
Waller County | $318.7K | $325K | +2.0% |
Brazoria County | $330K | $335.2K | +1.6% |
Austin County | $357.7K | $350.1K | -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 2024 | Jun 2024 | CHANGE |
---|---|---|
3,395 | 3,891 | +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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 113 | 123 | +8.8% |
3 Bedrooms | 953 | 1,089 | +14.3% |
4 Bedrooms | 1,696 | 1,934 | +14.0% |
5+ Bedrooms | 629 | 742 | +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 2024 | Jun 2024 | CHANGE |
---|---|---|
870 | 706 | -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
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 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 29 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
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.