What happened to the median home valuation in Fresno during April 2021?

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The median assessed value of a home sold in April 2021 in Fresno fell by $37,335 while total valuation increased by 20%, according to BlockShopper.com.

In April 2021, there were 12 homes sold, with a median home valuation of $136,875 - a 21.4% decrease over the $174,210 median valuation for the same period of the previous year. There were 10 homes sold in Fresno in April 2020.

The following table compares Fresno to other Fort Bend County cities with similar median home valuations in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median ValuationApr. 2020 Median Valuation% change (Median Valuation)
Crabb20-$182,070$0-
Mission Bend1013-23.1%$176,930$163,1108.5%
Stafford57-28.6%$176,280$203,420-13.3%
Rabbs Hill220%$169,795$152,88511.1%
Town West110%$156,450$154,7801.1%
Guy10-$153,230$0-
Fresno121020%$136,875$174,210-21.4%
Houston282321.7%$107,815$124,260-13.2%
Orchard10-$85,000$0-
Simonton20-$78,165$0-
Fifth Street10-$63,610$0-

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