Q3: Home valuations in Greatwood increased

Real Estate
Webp re 14

The median assessed value of a home sold in the third quarter of 2022 in Greatwood rose by $82,364 while total valuation increased by 10.3 percent, according to BlockShopper.com.

From July through September, there were 32 homes sold, with a median home valuation of $369,964 - a 28.6 percent increase over the $287,600 median valuation for the same period of the previous year. There were 29 homes sold in Greatwood in the third quarter of 2021.

The following table compares Greatwood to other Fort Bend County cities with similar median home valuations in the third quarter of 2022:

CityJuly - September 2022 Home SalesJuly - September 2021 Home Sales% change (Total Home Sales)July - September 2022 Median ValuationJuly - September 2021 Median Valuation% change (Median Valuation)
Brookshire10-$396,048$0-
Greatwood322910.3$369,964$287,60028.6
Sugar Lands10-$342,688$0-
Fulshear362638.5$337,219$381,161-11.5
Sienna Plantation272317.4$327,350$271,92820.4
Weston Lakes18180$322,304$347,180-7.2
Greatwood Village110$321,730$162,29698.2
Cinco Ranch514318.6$311,180$326,540-4.7
Hidden Lake Estates71600$305,808$188,15062.5
Katy271354-23.4$297,272$317,730-6.4
Pin Oak Village110$295,912$242,17622.2