$3,027 Closing Credit*
$254,900
2,084 SqFt
4 Beds
•2 Full Baths
Will Clark, Listing Office: Clark Realty
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 October 2023
At the same time last year, Fort Bend Houston was a Seller's Market.
Key Takeaway
Fort Bend Houston 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 Houston, TX
How much do homes in Fort Bend Houston, TX cost?
Median Sold Price
$224,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,500(+2.0%)
Key Takeaway
Homes in Fort Bend Houston have sold for 2% more than they did a year ago.
Summary: The median home sold price in Fort Bend Houston was $224,500 in October 2024, up 2% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144K | $135K | -6.3% |
| 3 Bedrooms | $220K | $225K | +2.3% |
| 4 Bedrooms | $230K | $239K | +3.9% |
| 5+ Bedrooms | $295K | $245K | -16.9% |
Summary: Fort Bend Houston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 16.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Southwest | $272.8K | $285.7K | +4.7% |
| Fort Bend Houston | $220K | $224.5K | +2.0% |
| Central Southwest | $243.4K | $240K | -1.4% |
Housing Supply in Fort Bend Houston, TX
How many homes are available in Fort Bend Houston, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 118 | +38.8% |
Summary: The Fort Bend Houston real estate market had 118 homes for sale in October 2024, a 38.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 49 | 70 | +42.9% |
| 4 Bedrooms | 30 | 40 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fort Bend Houston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 19 | +90.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Bend Houston, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Fort Bend Houston in October 2024, up by 90.0% month-over-month. Of the 19 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 28 Days | +3.0% |
Summary: Homes in Fort Bend Houston had an average of 28 days on market in Oct 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Bend Houston are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Fort Bend Houston; 79% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.