Fort Bend County Property Value Trends: 2023-2025 Market Report
Fort Bend County's residential property market is stabilizing after years of rapid growth. From 2024 to 2025, residential values increased just 1.9% on average-down significantly from the 4.4% growth seen the previous year and well below the double-digit increases during the COVID-19 boom.
Here's what you need to know about Fort Bend property values and what they mean for your property taxes.
Fort Bend County Property Values at a Glance (2025)
- Average residential value change: +1.9% (2024 to 2025)
- Homeowners with value increases: Only 37.9%
- Homeowners with value decreases: Nearly 60%
- Total residential market value: $125.47 billion
- New homes added in 2024: ~7,700
Year-Over-Year Market Value Changes
| Year | Total Market Value | Change |
|---|---|---|
| 2023 | $160 billion | - |
| 2024 | $175 billion | +8.3% |
| 2025 | $180+ billion* | +1.9% (residential) |
Includes residential ($125.47B) plus commercial and other property types.
The slowdown from 8.3% overall growth (2023-2024) to 1.9% residential growth (2024-2025) reflects a market returning to more sustainable patterns after the pandemic-driven surge.
A Tale of Two Markets: Who's Seeing Increases vs. Decreases
Despite the county-wide average showing a 1.9% increase, the reality for individual homeowners varies dramatically by price range:
Properties Under $200,000
- ~75% experienced value decreases
- Entry-level homes are seeing the most significant corrections
- Buyers have more negotiating power in this segment
Properties Over $750,000
- ~63% experienced value increases
- Luxury and high-end markets remain more resilient
- Limited inventory keeps values stable
This split explains why nearly 60% of Fort Bend homeowners saw their values decrease even though the county average rose-the gains are concentrated in higher-priced properties.
Sale Price Trends: Urban vs. Rural
Fort Bend County's rural areas are outpacing urban markets in price growth:
| Market Type | 2024 Avg. Sale Price | 2025 Avg. Sale Price | Change |
|---|---|---|---|
| Urban | $445,420 | $468,442 | +5.2% |
| Rural | $399,160 | $442,234 | +10.8% |
Rural areas are seeing faster appreciation driven by:
- Demand for more space and land
- New master-planned community developments
- Lower starting price points with room to grow
Market Inventory and Buyer Conditions
The Fort Bend real estate market has shifted decidedly in favor of buyers:
- Active listings (February 2025): 31,100+ homes
- Year-over-year inventory increase: +34%
- Highest inventory levels since: 2011
- Average days on market: 38 days (up from 27 days in 2024)
- Homes sold below asking price: ~70%
For property tax purposes, this buyer's market means comparable sales data may support lower valuations than what FBCAD has on record.
Population Growth Continues
Despite market stabilization, Fort Bend County's population continues to grow:
- 2024 Population: 958,434 residents
- Growth since 2020: +16.5%
- Projected 2050 Population: 1.8 million residents
Major developments coming online include:
- Austin Point: 4,700 acres (opening 2025)
- Brookewater: 850 acres with 2,500 planned homes
- Indigo: 235 acres
This continued growth supports long-term property values but creates short-term pressure as new inventory enters the market.
What This Means for Your Property Taxes
If Your Value Decreased
You may still be assessed at an inflated value. FBCAD uses mass appraisal methods that don't always capture individual property conditions or localized market declines. A property tax protest can correct overvaluations using current comparable sales data.
If Your Value Increased
Even with an increase, you may be over-assessed relative to similar properties. Unequal appraisal-where your home is valued higher than comparable properties-is valid grounds for a protest in Texas.
The Homestead Cap Advantage
Texas law limits homestead value increases to 10% per year. If your market value increased but your assessed value is capped, protesting now locks in savings that compound over future years.
Texas Property Tax Relief: What's Changed
Texas voters approved significant property tax relief in November 2023:
- School district homestead exemption: Increased from $40,000 to $100,000
- Homestead cap: Limits assessed value increases to 10% annually
- Commercial property cap: 20% annual limit for properties under $5 million (2024-2026)
These changes reduce taxable values but don't eliminate the importance of protesting-especially if your base value is higher than it should be.
Statewide Context: Texas Real Estate in 2025
Fort Bend's stabilization mirrors broader Texas trends:
- Average Texas home value: $306,682 (down 2.2% year-over-year)
- Statewide median price: Holding steady at $335,000
- Active listings statewide: Up 30.5% in 2024
- Projected 2025 home sales: +3% growth (first notable increase since the pandemic)
The Texas Real Estate Research Center notes the market is "in a period of intense correction and transition" following the unprecedented price surges of 2021-2022.
Should You Protest Your Fort Bend Property Taxes?
With 60% of homeowners seeing value decreases while FBCAD may still show increases, the gap between market reality and assessed values has never been more important to address.
Consider protesting if:
- Your property value decreased but your assessment didn't
- Comparable homes in your area sold for less than your assessed value
- Your home has condition issues not reflected in the appraisal
- Similar properties are assessed lower than yours (unequal appraisal)
Get Help With Your Fort Bend Property Tax Protest
Ballard Property Tax Protest helps Fort Bend County homeowners navigate the protest process with FBCAD. We handle:
- Filing your protest before the May 15 deadline
- Gathering comparable sales and market evidence
- Representing you at informal reviews and ARB hearings
No reduction, no fee. You only pay if we successfully lower your assessed value.
Start your Fort Bend County property tax protest and take advantage of current market conditions to reduce your property taxes.