$9,726 Closing Credit*
$819,000
4,374 SqFt
5 Beds
•4 Full Baths, 2 Partial
Jimmy Franklin, Listing Office: eXp Realty LLC
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 October 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
$406,645
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,985(+1.7%)
Key Takeaway
Homes in Fort Bend County have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Fort Bend County was $406,645 in October 2024, up 1.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $244.5K | -9.4% |
| 2 Bedrooms | $289.8K | $310K | +6.9% |
| 3 Bedrooms | $305.1K | $315K | +3.2% |
| 4 Bedrooms | $435.9K | $443.8K | +1.8% |
| 5+ Bedrooms | $650.3K | $674.5K | +3.7% |
Summary: Fort Bend County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.4%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Counties
| Wharton County | $210K | $228K | +8.6% |
| Brazoria County | $325K | $340K | +4.6% |
| Waller County | $318.4K | $327.9K | +3.0% |
| Fort Bend County | $399.6K | $406.6K | +1.7% |
| Austin County | $366.1K | $360K | -1.7% |
Housing Supply in Fort Bend County, TX
How many homes are available in Fort Bend County, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3,110 | 3,559 | +14.4% |
Summary: The Fort Bend County real estate market had 3,559 homes for sale in October 2024, a 14.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 90 | 107 | +18.9% |
| 3 Bedrooms | 907 | 986 | +8.7% |
| 4 Bedrooms | 1,545 | 1,803 | +16.7% |
| 5+ Bedrooms | 562 | 656 | +16.7% |
Summary: The Fort Bend County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 599 | 613 | +2.3% |
Asking Price vs. Sold Price
433 Homes Were Sold
Under Asking
115 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Bend County, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 613 homes were sold or pending in Fort Bend County in October 2024, up by 2.3% month-over-month. Of the 613 sold homes, 71% were sold under asking, 19% were sold at asking, and 11% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 38 Days | +12.6% |
Summary: Homes in Fort Bend County had an average of 38 days on market in Oct 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
354 Homes Were Sold
Under 30 Days
193 Homes Were Sold
In 30 - 90 Days
66 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Bend County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 613 homes were sold in Fort Bend County; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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