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Tuesday, November 26, 2024

Rising home valuations in Tower Oaks Meadows in Q2

Realestate3

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Adobe Stock

The median assessed value of a home sold in the second quarter of 2022 in Tower Oaks Meadows rose by $35,854 while total valuation increased by 100 percent, according to BlockShopper.com.

From April through June, there were four homes sold, with a median home valuation of $163,144 - a 28.2 percent increase over the $127,290 median valuation for the same period of the previous year. There were two homes sold in Tower Oaks Meadows in the second quarter of 2021.

The following table compares Tower Oaks Meadows to other Harris County cities with similar median home valuations in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median ValuationApril - June 2021 Median Valuation% change (Median Valuation)
Parkhollow Place6520$167,423$192,159-12.9
Cypress Meadow78-12.5$166,918$125,16033.4
Baytown199210-5.2$164,630$130,72925.9
McKamy Meadow35-40$163,408$101,36661.2
Westlake Forest167128.6$163,264$131,19724.4
Tower Oaks Meadows42100$163,144$127,29028.2
Concord Colony7540$163,000$142,81114.1
Northview84100$162,714$123,87831.4
Kenswick11110$162,119$117,90537.5
Winchester Country15966.7$162,114$144,47812.2
Highlands282227.3$161,277$130,67423.4

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