Houston Daily

The home at 19726 Norfolk Ridge Way, Richmond was sold on June 20 by Otto Genevieve Leopold for $82,136.

The buyers were Otto Frances Renee and Makena and Morgan Farmer.

The property tax paid for this property in 2020 was $2,444. This is 3% of the assessed value of the home.

This property is one of 79 sales in Richmond (Fort Bend County) from May 20 to June 20.

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.