Home valuations increased in New Territory during May 2021

Medium realestate2

The median assessed value of a home sold in May 2021 in New Territory rose by $5,280 while total valuation increased by 57.1%, according to BlockShopper.com.

In May 2021, there were 11 homes sold, with a median home valuation of $318,990 - a 1.7% increase over the $313,710 median valuation for the same period of the previous year. There were seven homes sold in New Territory in May 2020.

The following table compares New Territory to other Fort Bend County cities with similar median home valuations in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median ValuationMay 2020 Median Valuation% change (Median Valuation)
Cinco Ranch14875%$408,530$412,600-1%
Katy9947110.6%$335,330$323,9303.5%
Sienna Plantation73133.3%$329,190$327,2600.6%
Sugar Land795251.9%$326,190$308,8755.6%
Greatwood15966.7%$325,550$372,430-12.6%
New Territory11757.1%$318,990$313,7101.7%
Pearland110%$305,340$369,920-17.5%
Pin Oak Village21100%$300,430$372,920-19.4%
Fulshear990%$297,000$426,770-30.4%
Richmond845358.5%$253,550$240,5005.4%
Missouri City483441.2%$239,340$249,115-3.9%

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