Falling home valuations in Cinco Ranch (Fort Bend County) in Q3

The median assessed value of a home sold in the third quarter of 2022 in Cinco Ranch in Fort Bend County fell by $15,360 while total valuation increased by 18.6 percent, according to BlockShopper.com.

From July through September, there were 51 homes sold, with a median home valuation of $311,180 - a 4.7 percent decrease from the $326,540 median valuation for the same period of the previous year. There were 43 homes sold in Cinco Ranch in the third quarter of 2021.

The following table compares Cinco Ranch to other Fort Bend County cities with similar median home valuations in the third quarter of 2022:

City	July - September 2022 Home Sales	July - September 2021 Home Sales	% change (Total Home Sales)	July - September 2022 Median Valuation	July - September 2021 Median Valuation	% change (Median Valuation)
Sugar Lands	1	0	-	$342,688	$0	-
Fulshear	36	26	38.5	$337,219	$381,161	-11.5
Sienna Plantation	27	23	17.4	$327,350	$271,928	20.4
Weston Lakes	18	18	0	$322,304	$347,180	-7.2
Greatwood Village	1	1	0	$321,730	$162,296	98.2
Cinco Ranch	51	43	18.6	$311,180	$326,540	-4.7
Hidden Lake Estates	7	1	600	$305,808	$188,150	62.5
Katy	271	354	-23.4	$297,272	$317,730	-6.4
Pin Oak Village	1	1	0	$295,912	$242,176	22.2
Sugar Land	319	293	8.9	$281,000	$261,624	7.4
New Territory	30	40	-25	$244,419	$207,138	18

* This story only considers sales data for the part of Cinco Ranch that is in Fort Bend County.