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Saturday, November 23, 2024

What happened to the median home valuation in North Houston during the first half of 2022?

Re 12

The median assessed value of a home sold in the first half of 2022 in North Houston rose by $13,058 while total valuation increased by 50 percent, according to BlockShopper.com.

From January through June, there were three homes sold, with a median home valuation of $203,745 - a 6.8 percent increase over the $190,687 median valuation for the same period of the previous year. There were two homes sold in North Houston in the first half of 2021.

The following table compares North Houston to other Harris County cities with similar median home valuations in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median ValuationJanuary - June 2021 Median Valuation% change (Median Valuation)
Ravensway South114175$206,534$164,61925.5
Barwood10666.7$205,755$166,18423.8
Webster2713107.7$205,013$150,97835.8
Sagemeadow181080$204,279$169,10520.8
Sabacen Park79-22.2$203,805$185,20810
North Houston3250$203,745$190,6876.8
Shoreacres1117-35.3$203,164$117,90772.3
Amhurst47-42.9$201,865$121,73565.8
Westfield Village1219-36.8$201,473$143,17740.7
Katy191258.3$200,856$142,20741.2
West Glen171421.4$199,987$155,61628.5

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