From January through June, there were 11 homes sold, with a median home valuation of $249,464 - a 20 percent increase over the $207,844 median valuation for the same period of the previous year. There were eight homes sold in Northmead Village in the first half of 2021.
The following table compares Northmead Village to other Harris County cities with similar median home valuations in the first half of 2022:
City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Valuation | January - June 2021 Median Valuation | % change (Median Valuation) |
---|---|---|---|---|---|---|
Lakewood West | 15 | 8 | 87.5 | $261,075 | $215,744 | 21 |
Londonderry | 4 | 0 | - | $256,634 | $0 | - |
Wimbledon Country | 11 | 7 | 57.1 | $255,969 | $227,280 | 12.6 |
Tower Oak Plaza | 2 | 3 | -33.3 | $254,598 | $172,797 | 47.3 |
Oak Park Trails | 14 | 7 | 100 | $250,656 | $229,972 | 9 |
Northmead Village | 11 | 8 | 37.5 | $249,464 | $207,844 | 20 |
El Lago | 39 | 26 | 50 | $249,157 | $218,338 | 14.1 |
Olde Oaks | 13 | 9 | 44.4 | $245,506 | $210,834 | 16.4 |
Norchester | 30 | 14 | 114.3 | $241,843 | $179,021 | 35.1 |
Windfern Forest | 17 | 10 | 70 | $240,667 | $209,950 | 14.6 |
Deerfield Village | 18 | 12 | 50 | $239,002 | $206,862 | 15.5 |