In May, there were 101 homes sold, with a median home valuation of $214,890 - a 7.8 percent decrease from the $232,990 median valuation for the same period of the previous year. There were 86 homes sold in Richmond in May 2021.
The following table compares Richmond to other Fort Bend County cities with similar median home valuations in May:
City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Valuation | May 2021 Median Valuation | % change (Median Valuation) |
---|---|---|---|---|---|---|
Pleak | 1 | 0 | - | $254,210 | $0 | - |
Needville | 4 | 1 | 300 | $240,964 | $30,968 | 678.1 |
Sienna Plantation | 11 | 6 | 83.3 | $233,800 | $269,568 | -13.3 |
Greatwood Village | 1 | 0 | - | $224,816 | $0 | - |
Missouri City | 37 | 49 | -24.5 | $223,500 | $249,560 | -10.4 |
Richmond | 101 | 86 | 17.4 | $214,890 | $232,990 | -7.8 |
Four Corners | 5 | 8 | -37.5 | $212,810 | $192,890 | 10.3 |
Mission Bend | 17 | 15 | 13.3 | $195,216 | $150,928 | 29.3 |
Stafford | 5 | 6 | -16.7 | $193,064 | $178,648 | 8.1 |
Meadows Place | 3 | 2 | 50 | $186,696 | $188,376 | -0.9 |
Orchard | 1 | 0 | - | $183,520 | $0 | - |