Houston Daily

The home at 26218 Mercy Moss Lane, Richmond was sold on June 16 by Yolanda Lowe and Lowe Billy for $299,210.

The buyers were Lionicio Olivo-Ramirez and Pinones Wendy Lopez.

The property tax paid for this property in 2020 was $5,230. This is 1.7% of the assessed value of the home.

This property is one of 80 sales in Richmond (Fort Bend County) from May 16 to June 16.

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.