Falling home valuations in Fresno in April

Real Estate
Realestate2

The median assessed value of a home sold in April in Fresno fell by $54,945 while total valuation increased by 25 percent, according to BlockShopper.com.

In April, there were 15 homes sold, with a median home valuation of $161,680 - a 25.4 percent decrease from the $216,625 median valuation for the same period of the previous year. There were 12 homes sold in Fresno in April 2021.

The following table compares Fresno 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)
Fairchilds10-$199,808$0-
Four Corners440$195,495$180,7578.2
Pecan Grove1728-39.3$179,530$178,4070.6
Rosenberg281586.7$167,832$173,460-3.2
Meadows Place63100$166,072$174,552-4.9
Fresno151225$161,680$216,625-25.4
Beasley10-$158,296$0-
Rabbs Hill3250$154,110$189,255-18.6
Mission Bend191090$153,984$165,148-6.8
Houston372737$132,608$123,5367.3
Stafford56-16.7$124,776$150,706-17.2