In April, there were 88 homes sold, with a median home valuation of $219,440 - an 11.6 percent increase over the $196,690 median valuation for the same period of the previous year. There were 55 homes sold in Richmond in April 2021.
The following table compares Richmond to other Fort Bend County cities with similar median home valuations in April:
City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Valuation | April 2021 Median Valuation | % change (Median Valuation) |
---|---|---|---|---|---|---|
Cinco Ranch | 18 | 14 | 28.6 | $352,140 | $280,910 | 25.4 |
Sugar Land | 75 | 91 | -17.6 | $303,398 | $275,994 | 9.9 |
Katy | 73 | 87 | -16.1 | $296,056 | $295,310 | 0.3 |
Weston Lakes | 9 | 3 | 200 | $294,816 | $323,200 | -8.8 |
Pleak | 1 | 0 | - | $254,210 | $0 | - |
Richmond | 88 | 55 | 60 | $219,440 | $196,690 | 11.6 |
New Territory | 6 | 11 | -45.5 | $218,729 | $252,366 | -13.3 |
Pearland | 3 | 0 | - | $214,800 | $0 | - |
Village of Oak Lakes | 1 | 4 | -75 | $214,208 | $174,508 | 22.7 |
Sienna Plantation | 4 | 4 | 0 | $213,489 | $384,365 | -44.5 |
Missouri City | 55 | 44 | 25 | $201,740 | $258,715 | -22 |