When the Fort Bend ISD board voted 4-3 to close seven elementary schools on March 9, I expected to see the damage show up in home prices. So did a lot of homeowners. In the district’s own survey, 49% of respondents who would be affected opposed the closures, and shifts in property value were one of the most common concerns in the written responses.
The schools were Austin Parkway, Dulles, Arizona Fleming, Edgar Glover Jr., Mission West, Ridgegate and Sugar Mill. If you own a home that was zoned to one of them, you have probably wondered what that vote did to your equity.
I spent an evening in the MLS finding out. The short answer surprised me: so far, nothing you can measure.
I pulled every single-family sale in Fort Bend ISD from the HAR MLS for two identical windows:
The 2026 window starts the day after the vote. Comparing the same months a year apart takes the normal seasonal swing out of the picture.
Then I split the sales into two groups. The first is every home in the attendance zones of the seven closed schools, mapped street by street across 49 subdivisions, including Sugar Creek, Covington Woods, Quail Run, Mayfair Park, Ridgegate and Mission West. The second is the rest of Fort Bend ISD.
If the closures hurt values, the closed-school zones should have lost ground against the rest of the district.
| March 10 to October 7 | Closed-school zones | Rest of Fort Bend ISD |
|---|---|---|
| Sales, 2025 | 290 | 2,741 |
| Sales, 2026 | 249 | 2,428 |
| Median price, 2025 | $319,850 | $386,600 |
| Median price, 2026 | $322,000 | $385,995 |
| Median price per sq ft, 2025 | $156.94 | $166.23 |
| Median price per sq ft, 2026 | $153.95 | $163.59 |
| Change in price per sq ft | -1.9% | -1.6% |
Price per square foot fell 1.9% in the closed-school zones and 1.6% across the rest of the district. That 0.3-point gap is smaller than the normal noise in a sample this size. Statistically, any real effect of the closures is somewhere between about 4% down and 4% up, and the data can’t tell it apart from zero.
The softening in both columns is the broader market, not the FBISD school closures. Greater Houston sales have been slower this year. HAR reported August single-family sales down 11.5% from a year earlier.
I also ran the comparison on resale homes built before 2000 only, so the older closed-school neighborhoods weren’t being compared against newer construction elsewhere in the district. The result held.
No. Sales in the closed-school zones fell 14%, compared with 11% in the rest of the district. That difference isn’t large enough to mean anything.
The two numbers that show whether buyers are walking away didn’t move either:
Buyers are paying the same share of asking price and taking the same time to commit.
This part is worth knowing if you check your neighborhood on HAR or Zillow.
My first pass searched for sales by elementary school name. It showed sales near the closed schools down 26%, which looked like a story. It wasn’t real.
After the vote, agents started listing homes under the new receiving school. About one in four 2026 sales in the closed-school zones no longer names the old school at all. A search by school name simply misses them. That’s why I rebuilt the analysis by street and subdivision instead.
If you see a scary number about your school zone, check how it was pulled.
Three practical points:
