Home valuations decreased in Fresno during May

Real Estate
Re 3

The median assessed value of a home sold in May in Fresno fell by $38,133 while total valuation increased by 41.7 percent, according to BlockShopper.com.

In May, there were 17 homes sold, with a median home valuation of $155,632 - a 19.7 percent decrease from the $193,765 median valuation for the same period of the previous year. There were 12 homes sold in Fresno in May 2021.

The following table compares Fresno 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)
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
Town West110$150,336$165,580-9.2
Houston4046-13$143,520$133,6307.4
Pecan Grove2024-16.7$141,904$158,120-10.3
Stratford Park23-33.3$141,488$219,500-35.5
Clodine40-$89,879$0-