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 April 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

$407,796

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,883(+2.2%)

Key Takeaway

Homes in Fort Bend County have sold for 2.2% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $250K$246.7K
-1.3%
2 $278.3K$306.5K
+10.1%
3 $304.9K$312.8K
+2.6%
4 $433K$445.3K
+2.8%
5+ $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
+3.7%
Wharton County
+2.8%
Fort Bend County
+2.2%
Waller County
+0.7%
Brazoria County
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 2024Apr 2024CHANGE
2,6413,193+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

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 114122
+7.0%
3 763890
+16.6%
4 1,3291,608
+21.0%
5+ 433570
+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 2024Apr 2024CHANGE
609656+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

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. 64.8% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
40 Days36 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

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 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.

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

Report Updated 4 Days Ago

Newest Listings in Fort Bend County, TX

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