Katy vs. Fulshear vs. Richmond vs. Cypress: A 2026 Housing Market Scorecard

How do the 2026 housing markets in Katy, Fulshear, Richmond, and Cypress compare? In the latest consistent snapshot, Fulshear had the highest median sale price, Richmond had the shortest reported median market time, Katy had the largest reported sales count, and Cypress sat between the other markets on price and pace. Those figures are useful signals, but different boundaries and sample sizes mean this is not a ranking of which community is "best."

The table below uses May 2026 values displayed by Redfin so every row follows one published methodology. It should help buyers and sellers ask better questions before they move to property-level evidence.

Four-Market Scorecard

Source: Redfin market pages using MLS and/or public-record calculations, May 2026. Redfin treats Cypress as a Houston neighborhood. Richmond's reported 24 sales are a small sample, and property mix can move the median sharply. Boundaries, samples, and home types differ, so do not use this table as an appraisal or a prediction for one home.

Katy: The Largest Reported Sales Base

Katy's reported median sale price was approximately $350,000, up 1.1% year over year. Redfin showed 1,660 sales and a 45-day median market time. Its 95.5% sale-to-list ratio and 39.8% price-drop share suggest that buyers were comparing value carefully even while the median held slightly above the prior year.

For buyers, that means list price should be evaluated beside recent comparable sales, condition, taxes, insurance, HOA costs, builder competition, and how long the specific property has been available. For sellers, the size of the reported sales base can provide more evidence—but only if the selected comparables match the home's actual market segment.

Explore the TTG Katy real estate guide and current listings.

Fulshear: Higher Median Price and a Distinct Product Mix

Fulshear's reported median sale price was approximately $560,000, up 1.8% year over year. Redfin showed 103 sales, a 43-day median market time, and a 97.3% sale-to-list ratio. The market's price level and mix of resale and new-construction options make direct comparisons with Katy, Richmond, or Cypress especially sensitive to neighborhood and product type.

A buyer comparing Fulshear homes should separate builder inventory from resale competition and review taxes, incentives, completion timing, warranties, and included features. A seller should compare against both resale homes and relevant builder alternatives when they compete for the same buyer.

Explore the TTG Fulshear real estate guide and current listings.

Richmond: Fast Reported Pace, but a Small Sample

Richmond's reported median sale price was approximately $310,000, down 18.2% year over year, with a 34-day median market time. That large price change came from only 24 reported sales. It should not be interpreted as proof that every Richmond home lost 18.2% of its value.

A change in which homes sold—size, age, condition, neighborhood, lot, or price tier—can move a small-sample median. The 97.4% sale-to-list ratio and shorter reported market time also show why one statistic should not carry the whole conclusion. Buyers and sellers need subdivision-level comparables before treating the year-over-year median as a property-value signal.

Explore the TTG Richmond real estate guide and current listings.

Cypress: Mid-Range Price and a Different Geography

Redfin reported a Cypress median sale price of approximately $385,000, up 2.1% year over year, with 521 sales and a 46-day median market time. Homes sold about 2.5% below list on average, equivalent to roughly a 97.5% sale-to-list result.

Cypress is not incorporated as a city, and Redfin presents it as a Houston neighborhood. Search boundaries can differ among portals, MLS searches, ZIP codes, school districts, and the way local residents use the name. Buyers and sellers should define the target geography before comparing numbers.

Explore the TTG Cypress real estate guide and current listings.

What Buyers Should Compare Beyond the Median

The median is a midpoint, not the price of a typical home for every buyer. A useful search compares the homes that actually meet the buyer's needs and budget.

• Full monthly cost: payment, taxes, insurance, possible flood insurance, HOA dues, utilities, and maintenance.
• Property type: resale, new construction, townhome, acreage, or another segment.
• Condition and included features at the same price.
• Realistic commute routes and daily access.
• Current competing inventory and recent comparable sales.
• Contract terms, incentives, and inspection considerations.

The existing TTG area-comparison guide provides a broader decision framework. Buyers should personally research schools, demographics, crime, religious institutions, and other sensitive factors through sources they trust; a real estate professional should not steer those choices.

What Sellers Should Learn From the Scorecard

A seller's true competition is not every home in the city. It is the set of properties a qualified buyer is likely to compare at a similar price, location, condition, and property type. A market with a higher median can still be difficult for an overpriced listing. A market with a lower median can still produce strong results for a well-positioned home.

Ask three questions before setting or changing price:

1. Which recent sales are genuinely similar to this home?
2. Which active listings are competing for the same buyer today?
3. What do showing activity, feedback, and offers say about the gap between price and perceived value?

FAQ

Which is more expensive: Katy, Fulshear, Richmond, or Cypress?

In Redfin's May 2026 snapshot, Fulshear had the highest reported median sale price at about $560,000. That does not mean every Fulshear home costs more than every home in the other markets.

Which market was moving fastest?

Richmond had the shortest reported median days on market at 34, but the reported sales sample was only 24. Fulshear was at 43 days, Katy at 45, and Cypress at 46.

Does Richmond's price decline mean local home values fell 18.2%?

No. The figure describes the change in the reported median for a small sales sample. Differences in the mix of homes sold can materially change the median. A specific home requires matched comparable sales.

Are these city boundaries directly comparable?

No. Redfin treats Cypress as a Houston neighborhood, while the other pages use city labels. Portal, MLS, ZIP-code, and commonly used local boundaries can differ.

How should I choose among these areas?

Compare total monthly cost, commute, available property types, taxes, insurance, HOA terms, current listings, and your own daily needs. There is no universal "best" area.

Next step: Review the four TTG area guides above, then connect with Tricia Turner Group to build a property-level buyer or seller comparison.

Sources and Data Date

• Redfin Katy housing market, May 2026 values.
• Redfin Fulshear housing market, May 2026 values.
• Redfin Richmond housing market, May 2026 values.
• Redfin Cypress housing market, May 2026 values.

This article is educational and is not an appraisal, guarantee, or prediction. Market data can be revised and should be checked against current MLS evidence before a transaction decision.