From July through September, there were 245 homes sold, with a median home valuation of $205,888 - an 11.6 percent decrease from the $232,780 median valuation for the same period of the previous year. There were 258 homes sold in Richmond in the third quarter of 2021.
The following table compares Richmond 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) |
---|---|---|---|---|---|---|
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 |
Pearland | 6 | 6 | 0 | $192,050 | $228,968 | -16.1 |
Meadows Place | 20 | 7 | 185.7 | $187,705 | $188,776 | -0.6 |
Beasley | 2 | 4 | -50 | $180,840 | $136,275 | 32.7 |