From July through September, there were six homes sold, with a median home valuation of $192,050 - a 16.1 percent decrease from the $228,968 median valuation for the same period of the previous year. There were six homes sold in Pearland in the third quarter of 2021, as well.
The following table compares Pearland 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) |
---|---|---|---|---|---|---|
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 |
Pecan Grove | 71 | 55 | 29.1 | $180,264 | $178,520 | 1 |
Summerfield | 4 | 4 | 0 | $177,820 | $202,570 | -12.2 |
Pleak | 2 | 26 | -92.3 | $177,340 | $36,504 | 385.8 |