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Saturday, May 11, 2024

Valuation: Pricing for the median home in Fort Bend County decreased in February 2024 compared to February 2023

Realestate2

In February, the median sale price of a home in Fort Bend County fell by $5,282 from the same period in the previous year, while total sales increased by 9.1%, according to BlockShopper.com.

Data shows that there were 539 homes sold in February, with a median sale price of $209,053 - a 2.5% decrease from the $214,335 median sale price for the same period of the previous year. There were 494 homes sold in Fort Bend County in February 2023.

For context, the median sales tax in Fort Bend County, based on the latest available data from 2021, was $4,445, which stands at 2.1% of February's median home sale price.

The following histogram displays changes in median sales prices in Fort Bend County from February 2023 to February 2024.

February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024$214,335$214,335$207,410$207,410$215,856$215,856$211,130$211,130$203,684$203,684$217,960$217,960$210,976$210,976$210,548$210,548$205,704$205,704$204,545$204,545$220,160$220,160$219,455$219,455$209,053$209,053

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