Falling home valuations in Meadows Place in May

Real Estate
Realestate3
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The median assessed value of a home sold in May in Meadows Place fell by $1,680 while total valuation increased by 50 percent, according to BlockShopper.com.

In May, there were three homes sold, with a median home valuation of $186,696 - a 0.9 percent decrease from the $188,376 median valuation for the same period of the previous year. There were two homes sold in Meadows Place in May 2021.

The following table compares Meadows Place 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)
Missouri City3749-24.5$223,500$249,560-10.4
Richmond1018617.4$214,890$232,990-7.8
Four Corners58-37.5$212,810$192,89010.3
Mission Bend171513.3$195,216$150,92829.3
Stafford56-16.7$193,064$178,6488.1
Meadows Place3250$186,696$188,376-0.9
Orchard10-$183,520$0-
Rosenberg2639-33.3$174,193$158,8909.6
West Oaks Village41300$168,224$178,096-5.5
Crabb20-$161,030$0-
Fresno171241.7$155,632$193,765-19.7