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Friday, November 22, 2024

What happened to the median home valuation in Fairway Village during May?

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The median assessed value of a home sold in May in Fairway Village fell by $28,780 while total valuation increased by 50 percent, according to BlockShopper.com.

In May, there were three homes sold, with a median home valuation of $210,480 - a 12 percent decrease from the $239,260 median valuation for the same period of the previous year. There were two homes sold in Fairway Village in May 2021.

The following table compares Fairway Village to other Brazoria 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)
Waterbury10-$343,424$0-
Sedgewood10-$243,036$0-
Manvel13-66.7$234,160$239,750-2.3
Fairway Village3250$210,480$239,260-12
Pearland50500$185,407$183,4201.1
Lake Jackson39375.4$170,328$124,93036.3
Alvin171241.7$161,816$132,85021.8
Clute220$144,342$195,885-26.3
Richwood21100$113,460$114,290-0.7
West Columbia13-66.7$106,640$95,87011.2
Angleton141127.3$86,812$114,810-24.4

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