Valuation for the median home in Cumings decreased during Q3

Real Estate
Webp re 7

The median assessed value of a home sold in the third quarter of 2022 in Cumings fell by $7,648 while total valuation decreased by 44.4 percent, according to BlockShopper.com.

From July through September, there were five homes sold, with a median home valuation of $175,792 - a 4.2 percent decrease from the $183,440 median valuation for the same period of the previous year. There were nine homes sold in Cumings in the third quarter of 2021.

The following table compares Cumings 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)
Meadows Place207185.7$187,705$188,776-0.6
Beasley24-50$180,840$136,27532.7
Pecan Grove715529.1$180,264$178,5201
Summerfield440$177,820$202,570-12.2
Pleak226-92.3$177,340$36,504385.8
Cumings59-44.4$175,792$183,440-4.2
Arcola110$175,390$45,610284.5
Fresno4971-31$174,350$165,4105.4
Pheasant Creek62200$172,464$249,770-31
Needville1518-16.7$169,400$186,400-9.1
Mission Bend3947-17$169,390$165,9802.1