The median assessed value of a home sold in April in Cinco Ranch in Fort Bend County rose by $71,230 while total valuation increased by 28.6 percent, according to BlockShopper.com.
In April, there were 18 homes sold, with a median home valuation of $352,140 - a 25.4 percent increase over the $280,910 median valuation for the same period of the previous year. There were 14 homes sold in Cinco Ranch in April 2021.
The following table compares Cinco Ranch to other Fort Bend County cities with similar median home valuations in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Valuation | April 2021 Median Valuation | % change (Median Valuation) |
|---|---|---|---|---|---|---|
| Fulshear | 12 | 14 | -14.3 | $370,540 | $304,421 | 21.7 |
| Greatwood | 10 | 10 | 0 | $359,269 | $328,471 | 9.4 |
| Cinco Ranch | 18 | 14 | 28.6 | $352,140 | $280,910 | 25.4 |
| Sugar Land | 75 | 91 | -17.6 | $303,398 | $275,994 | 9.9 |
| Katy | 73 | 87 | -16.1 | $296,056 | $295,310 | 0.3 |
| Weston Lakes | 9 | 3 | 200 | $294,816 | $323,200 | -8.8 |
| Pleak | 1 | 0 | - | $254,210 | $0 | - |
| Richmond | 88 | 55 | 60 | $219,440 | $196,690 | 11.6 |
| New Territory | 6 | 11 | -45.5 | $218,729 | $252,366 | -13.3 |
| Pearland | 3 | 0 | - | $214,800 | $0 | - |
| Village of Oak Lakes | 1 | 4 | -75 | $214,208 | $174,508 | 22.7 |
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