The North Lake Village at Cinco Ranch housing market is very competitive. The median sale price of a home in North Lake Village at Cinco Ranch was $570K last month, down 11.8% since last year. The median sale price per square foot in North Lake Village at Cinco Ranch is $160, down 4.2% since last year.
North Lake Village at Cinco Ranch Housing Market Trends
What is the housing market like in North Lake Village at Cinco Ranch today?
In March 2024, North Lake Village at Cinco Ranch home prices were down 11.8% compared to last year, selling for a median price of $570K. On average, homes in North Lake Village at Cinco Ranch sell after 7 days on the market compared to 5 days last year. There were 7 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$570,000
-11.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North Lake Village at Cinco Ranch, TX
$570,000
-11.8%
United States
To compare other locations to the North Lake Village at Cinco Ranch and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cinco Ranch add value to a home.
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How hot is the North Lake Village at Cinco Ranch housing market?
North Lake Village at Cinco Ranch is very competitive. Homes sell in 6 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 6 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.
Learn about schools in the North Lake Village at Cinco Ranch area
Elementary
Middle
High
GreatSchools Rating
6/10
Morton Ranch Elementary School
Public • PreK-5
981
Students
19 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Lake Village at Cinco Ranch housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Lake Village at Cinco Ranch.
Risk Factor
Flood Factor - Moderate
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Lake Village at Cinco Ranch has a moderate risk of flooding. 251 properties in North Lake Village at Cinco Ranch are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in North Lake Village at Cinco Ranch. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Lake Village at Cinco Ranch has a minor risk of wildfire. There are 3 properties in North Lake Village at Cinco Ranch that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in North Lake Village at Cinco Ranch.
99% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
North Lake Village at Cinco Ranch has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Lake Village at Cinco Ranch is most at risk from hurricanes. 1,719 properties in North Lake Village at Cinco Ranch have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 136 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 148 mph.
84% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
North Lake Village at Cinco Ranch has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 84% of homes in North Lake Village at Cinco Ranch have an Extreme Heat Factor®.
North Lake Village at Cinco Ranch is expected to see a 228% increase in the number of days over 110ºF over the next 30 years. North Lake Village at Cinco Ranch is expected to experience 9