Median home valuations in Greatwood fell to $280,194 in May

Real Estate
Re 7

The median assessed value of a home sold in May in Greatwood fell by $31,449 while total valuation decreased by 46.7 percent, according to BlockShopper.com.

In May, there were eight homes sold, with a median home valuation of $280,194 - a 10.1 percent decrease from the $311,643 median valuation for the same period of the previous year. There were 15 homes sold in Greatwood in May 2021.

The following table compares Greatwood to other Fort Bend County cities with similar median home valuations in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median ValuationMay 2021 Median Valuation% change (Median Valuation)
Pin Oak Village220$376,320$251,91249.4
Weston Lakes94125$369,904$397,003-6.8
Sugar Lands10-$342,688$0-
Cinco Ranch1115-26.7$339,568$389,160-12.7
New Territory811-27.3$294,914$250,09017.9
Greatwood815-46.7$280,194$311,643-10.1
Katy85109-22$279,536$310,890-10.1
Sugar Land1018321.7$275,994$280,386-1.6
Pleak10-$254,210$0-
Needville41300$240,964$30,968678.1
Sienna Plantation11683.3$233,800$269,568-13.3