$6,709 Closing Credit*
$565,000
2,873 SqFt
4 Beds
•3 Full Baths
Rhonda Berry-Pohlman, Listing Office: Keller Williams Memorial
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 November 2023
At the same time last year, Fort Bend County was a Seller's Market.
Key Takeaway
Fort Bend County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fort Bend County, TX
How much do homes in Fort Bend County, TX cost?
Median Sold Price
$406,978
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,939(+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 $406,978 in November 2024, up 1.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $242K | -6.9% |
| 2 Bedrooms | $302K | $308K | +2.0% |
| 3 Bedrooms | $310K | $314.9K | +1.6% |
| 4 Bedrooms | $434.9K | $443.4K | +2.0% |
| 5+ Bedrooms | $640K | $674K | +5.3% |
Summary: Fort Bend County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Counties
| Wharton County | $216.1K | $230K | +6.4% |
| Brazoria County | $328.8K | $342.9K | +4.3% |
| Austin County | $315.9K | $325K | +2.9% |
| Fort Bend County | $400K | $406.9K | +1.7% |
| Waller County | $325.6K | $325K | -0.2% |
Housing Supply in Fort Bend County, TX
How many homes are available in Fort Bend County, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3,120 | 3,260 | +4.5% |
Summary: The Fort Bend County real estate market had 3,260 homes for sale in November 2024, a 4.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 93 | 108 | +16.1% |
| 3 Bedrooms | 903 | 946 | +4.8% |
| 4 Bedrooms | 1,558 | 1,617 | +3.8% |
| 5+ Bedrooms | 560 | 583 | +4.1% |
Summary: The Fort Bend County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 4.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 662 | 480 | -27.5% |
Asking Price vs. Sold Price
332 Homes Were Sold
Under Asking
95 Homes Were Sold
At Asking
51 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. 69.5% of homes here sold below asking price last month.
Summary: A total of 480 homes were sold or pending in Fort Bend County in November 2024, down by 27.5% month-over-month. Of the 478 sold homes, 69% were sold under asking, 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 36 Days | -9.9% |
Summary: Homes in Fort Bend County had an average of 36 days on market in Nov 2024, down by 9.9% compared to last year.
Breakdown of Home Sale Times
281 Homes Were Sold
Under 30 Days
151 Homes Were Sold
In 30 - 90 Days
46 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 November 2024, 480 homes were sold in Fort Bend County; 59% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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