From July through September, there were six homes sold, with a median home valuation of $217,925 - a 24.7 percent increase over the $174,720 median valuation for the same period of the previous year. There were seven homes sold in Village of Oak Lakes in the third quarter of 2021.
The following table compares Village of Oak Lakes to other Fort Bend County cities with similar median home valuations in the third quarter of 2022:
City | July - September 2022 Home Sales | July - September 2021 Home Sales | % change (Total Home Sales) | July - September 2022 Median Valuation | July - September 2021 Median Valuation | % change (Median Valuation) |
---|---|---|---|---|---|---|
Katy | 271 | 354 | -23.4 | $297,272 | $317,730 | -6.4 |
Pin Oak Village | 1 | 1 | 0 | $295,912 | $242,176 | 22.2 |
Sugar Land | 319 | 293 | 8.9 | $281,000 | $261,624 | 7.4 |
New Territory | 30 | 40 | -25 | $244,419 | $207,138 | 18 |
Stratford Park | 1 | 2 | -50 | $219,400 | $212,209 | 3.4 |
Village of Oak Lakes | 6 | 7 | -14.3 | $217,925 | $174,720 | 24.7 |
Stafford | 33 | 37 | -10.8 | $214,170 | $175,208 | 22.2 |
Missouri City | 154 | 158 | -2.5 | $212,455 | $228,630 | -7.1 |
Richmond | 245 | 258 | -5 | $205,888 | $232,780 | -11.6 |
Four Corners | 18 | 17 | 5.9 | $205,265 | $159,380 | 28.8 |
Fairchilds | 1 | 3 | -66.7 | $199,808 | $199,808 | 0 |