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Friday, November 22, 2024

Home valuation prices decreased in Fort Bend County in August 2023, compared to August 2022

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In August 2023, the median sale price of a home in Fort Bend County fell by $15,384 from the same period in the previous year, while total sales decreased by 2.6%, according to BlockShopper.com.

Data shows that there were 671 homes sold in August 2023, with a median sale price of $210,976 - a 6.8% decrease from the $226,360 median sale price for the same period of the previous year. There were 689 homes sold in Fort Bend County in August 2022.

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 August 2023's median home sale price.

The following histogram displays changes in median sales prices in Fort Bend County from August 2022 to August 2023.

August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023$226,360$226,360$218,402$218,402$226,368$226,368$214,170$214,170$213,195$213,195$213,270$213,270$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

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