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Sugar Land real estate market overview
- Average Monthly Rent: $1,659
- Home Price/Value Percentage Change: 4.10%
- Median Home Value: $424,442
- Best Time To Sell a Home: December
- Affordability Index: Moderate
- Days To Sell a House: 45
- Job Market: Weak
- Public School Ranking: 27
Location and weather
The sweet city of Sugar Land is located in the eastern Texas region of Fort Bend City. It sits just 20 miles southwest of downtown Houston, providing residents the opportunity to enjoy big city amenities and life in a smaller community. Welcoming neighborhoods, over 60 wide-open parks, and impressive schools, libraries, and civic organizations make this city a wonderful place to reside, work, and raise a family in. Over just the last couple of years, Sugar Land has been ranked among the Best Small Cities to Live in America and the Best Suburb to Live.
Sugar Land receives 204 days of sun, 50 inches of rain, and 28 inches of snow per year. Lows in the winter drop to the 40s, while highs are in the mid 90s during summer.
Population, job market and cost of living
Sugar Land has a large population of 120,689, with a growth rate of 2.74% annually.
The job market here has decreased by 5.62% over the last year. In ten years, job growth is predicted to be 31.27%. Located within the Sugar Land Business Park are a variety of corporate headquarters that make up the manufacturing, biotech, financial, energy technology, research and development industries found here.
The University of Houston at Sugar Land and the city's highly educated workforce contribute to the progress the economy has made over the years. Desirable employment opportunity and close proximity to large cities has made this city a more expensive place to live in Texas.
Sugar Land real estate market details
- Greatwood
- First Colony
- Telfair
- Avalon
- Riverstone
- Sweetwater
- New Territory
- Sienna Ranch
The average monthly rent in Sugar Land is $1,659 for an average apartment size of 954 sq. feet.
There has been a 4.1% increase in Sugar Land's median home value over the last year. As of 2023, the median home value is $424,442.
On average, homes in Sugar Land sell after 45 days on the market.
The best time to sell a home in Sugar Land for the most money is during December. The best time to sell a home in the shortest amount of time is in July.
The affordability index in Sugar Land is 113. This number indicates moderate affordability in this city.
The top ranked public schools are Clemente High School, Dulles High School and Stephen F Austin High School. This information is based on data from The US Department of Education, The US Census Bureau and the Texas Education Agency.