Is Fort Bend Houston, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fort Bend Houston was a Seller's Market.
Housing Prices in Fort Bend Houston, TX
How much do homes in Fort Bend Houston, TX cost?
Median Sold Price
$225,333
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fort Bend Houston was $225,333 in April 2024, up 4.8% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $120K | $145.4K | +21.2% |
3 Bedrooms | $215K | $229.7K | +6.9% |
4 Bedrooms | $225K | $231K | +2.7% |
5+ Bedrooms | $232.5K | $280K | +20.4% |
Summary: Fort Bend Houston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 20.4%.
Median Sold Price Compared To Nearby Neighborhoods
Fort Bend Houston | $215K | $225.3K | +4.8% |
Southwest | $269.7K | $277.8K | +3.0% |
Central Southwest | $244.5K | $246.4K | +0.8% |
Housing Supply in Fort Bend Houston, TX
How many homes are available in Fort Bend Houston, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 86 | -6.5% |
Summary: The Fort Bend Houston real estate market had 86 homes for sale in April 2024, a 6.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 57 | 53 | -7.0% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Fort Bend Houston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 13 | -51.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Fort Bend Houston in April 2024, down by 51.9% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for Fort Bend Houston, TX
How long does it take to sell a home in Fort Bend Houston, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 20 Days | +9.9% |
Summary: Homes in Fort Bend Houston had an average of 20 days on market in Apr 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Fort Bend Houston; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.