Houston Daily

The home at 9902 Reading Road, Richmond was sold on June 6 by Sangel Eydene G. for $406,808.

The buyers were Elysia, Jonathan, Eryana and Paul Sangel.

The property tax paid for this property in 2020 was $8,000. This is 2% of the assessed value of the home.

This property is one of 98 sales in Richmond (Fort Bend County) from May 6 to June 6.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.