In May, there were 11 homes sold, with a median home valuation of $339,568 - a 12.7 percent decrease from the $389,160 median valuation for the same period of the previous year. There were 15 homes sold in Cinco Ranch in May 2021.
The following table compares Cinco Ranch 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) |
---|---|---|---|---|---|---|
Fulshear | 12 | 9 | 33.3 | $506,684 | $241,408 | 109.9 |
Pin Oak Village | 2 | 2 | 0 | $376,320 | $251,912 | 49.4 |
Weston Lakes | 9 | 4 | 125 | $369,904 | $397,003 | -6.8 |
Sugar Lands | 1 | 0 | - | $342,688 | $0 | - |
Cinco Ranch | 11 | 15 | -26.7 | $339,568 | $389,160 | -12.7 |
New Territory | 8 | 11 | -27.3 | $294,914 | $250,090 | 17.9 |
Greatwood | 8 | 15 | -46.7 | $280,194 | $311,643 | -10.1 |
Katy | 85 | 109 | -22 | $279,536 | $310,890 | -10.1 |
Sugar Land | 101 | 83 | 21.7 | $275,994 | $280,386 | -1.6 |
Pleak | 1 | 0 | - | $254,210 | $0 | - |
Needville | 4 | 1 | 300 | $240,964 | $30,968 | 678.1 |