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Tuesday, November 5, 2024

Q3: Home valuations in Houston (Fort Bend County) increased

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The median assessed value of a home sold in the third quarter of 2022 in Houston in Fort Bend County rose by $7,710 while total valuation increased by 28.6 percent, according to BlockShopper.com.

From July through September, there were 117 homes sold, with a median home valuation of $141,910 - a 5.7 percent increase over the $134,200 median valuation for the same period of the previous year. There were 91 homes sold in Houston in the third quarter of 2021.

The following table compares Houston to other Fort Bend County cities with similar median home valuations in the third quarter of 2022:

CityJuly - September 2022 Home SalesJuly - September 2021 Home Sales% change (Total Home Sales)July - September 2022 Median ValuationJuly - September 2021 Median Valuation% change (Median Valuation)
West Oaks Village58-37.5$168,224$161,4604.2
Dover42100$160,776$140,57614.4
Rabbs Hill84100$153,420$166,840-8
Rosenberg80111-27.9$151,247$182,968-17.3
Crabb21100$150,391$157,160-4.3
Houston1179128.6$141,910$134,2005.7
Town West4333.3$110,640$174,450-36.6
Clodine13-66.7$89,879$89,8790
Simonton550$84,664$193,600-56.3
Guy3250$54,512$246,308-77.9
Fifth Street12-50$43,230$82,090-47.3
* This story only considers sales data for the part of Houston that is in Fort Bend County.

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