Greatwood home valuations rose in April

Real Estate
Re 7

The median assessed value of a home sold in April in Greatwood rose by $30,798 while total valuation remained unchanged with 10 homes sold, according to BlockShopper.com.

In April, there were 10 homes sold, with a median home valuation of $359,269 - a 9.4 percent increase over the $328,471 median valuation for the same period of the previous year. There were 10 homes sold in Greatwood in April 2021, as well.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median ValuationApril 2021 Median Valuation% change (Median Valuation)
Fulshear1214-14.3$370,540$304,42121.7
Greatwood10100$359,269$328,4719.4
Cinco Ranch181428.6$352,140$280,91025.4
Sugar Land7591-17.6$303,398$275,9949.9
Katy7387-16.1$296,056$295,3100.3
Weston Lakes93200$294,816$323,200-8.8
Pleak10-$254,210$0-
Richmond885560$219,440$196,69011.6
New Territory611-45.5$218,729$252,366-13.3
Pearland30-$214,800$0-
Village of Oak Lakes14-75$214,208$174,50822.7