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

Medium realestate4

The median assessed value of a home sold in April 2021 in Lavon rose by $25,235 while total valuation remained unchanged with 10 homes sold, according to BlockShopper.com.

In April 2021, there were 10 homes sold, with a median home valuation of $250,514 - a 11.2% increase over the $225,279 median valuation for the same period of the previous year. There were 10 homes sold in Lavon in April 2020, as well.

The following table compares Lavon to other Collin 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)
McKinney46330750.8%$314,975$339,632-7.3%
Nevada3250%$314,079$217,266.5044.6%
Celina15887.5%$302,336$270,31411.8%
Lowry Crossing70-$271,666$0-
Wylie1117548%$257,672$258,928-0.5%
Lavon10100%$250,513.50$225,27911.2%
Royse City7475%$241,636$230,183.505%
Melissa115120%$232,689$272,928-14.7%
Princeton412564%$219,051$212,1613.2%
Anna4217147.1%$215,499.50$228,673-5.8%
Josephine27-71.4%$196,680.50$233,495-15.8%

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