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Tuesday, December 24, 2024

Northmead Village median home valuations rose by 20% in the first half of 2022

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The median assessed value of a home sold in the first half of 2022 in Northmead Village rose by $41,620 while total valuation increased by 37.5 percent, according to BlockShopper.com.

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:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median ValuationJanuary - June 2021 Median Valuation% change (Median Valuation)
Lakewood West15887.5$261,075$215,74421
Londonderry40-$256,634$0-
Wimbledon Country11757.1$255,969$227,28012.6
Tower Oak Plaza23-33.3$254,598$172,79747.3
Oak Park Trails147100$250,656$229,9729
Northmead Village11837.5$249,464$207,84420
El Lago392650$249,157$218,33814.1
Olde Oaks13944.4$245,506$210,83416.4
Norchester3014114.3$241,843$179,02135.1
Windfern Forest171070$240,667$209,95014.6
Deerfield Village181250$239,002$206,86215.5

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