“The real estate market is stabilizing following the turbulent COVID years,” FBCAD Chief Appraiser Jordan Wise said in the release. “Overall, residential property saw modest gains while commercial property has declined slightly, led largely by faltering office and retail markets.”
Wise said a key market drivers for property values increasing include:
- Interest rates and inflation shaping markets on national and local levels
- Levels of available houses in Fort Bend County climbed
- Increasing interest in real estate
- Low inventory and strong demand for houses
By the numbers
Homes valued under $200,000 saw the biggest negative shift among the five property value ranges, with 74.6% of houses decreasing in value, appraisal data shows. Meanwhile, homeowners with properties valued over $750,000 were the only group to see more than half their values increase, at 63.1%.
Despite the drop in the values of most homes, single-family home sales, median prices and months’ supply of homes in Fort Bend County all increased from 2024 to 2025. The amount of homes added to the county rose, seeing a 4.5% increase, from 7,360 to 7,691 according to FBCAD data.
Homes listed between $150,000 and $249,999 saw a 2.0% increase in sales and homes listed over $1 million experienced a 1.9% increase in sales from 2024 to 2025, according to FBCAD data. Homes listed between $250,000 and $999,999 decreased in sales activity from 2024 to 2025.
However, townhouses and condos saw the biggest jump in average cost with an 11% increase, while single-family homes saw a 5% increase last year, according to FBCAD data.
What else?
Appraisal appeals increased by 12.1% to 131,433 from 2024 to 2025, FBCAD officials said. Of those 2025 appeals, 24,738 were approved, while 1,612 were denied. However, 30,114 are still active.
Looking ahead
Although the appeal deadline has passed, county officials said there are still a few more steps before tax rates are set and bills are mailed out, including:
- August-October: Local jurisdiction adopt tax rates
- October/November: Tax bills are mailed
- Dec. 31: Last day to use a deduction for the same year's federal income tax
