Montgomery median home valuations fell by 0.5% in the second quarter of 2021

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The median assessed value of a home sold in the second quarter of 2021 in Montgomery fell by $1,180 while total valuation decreased by 4.6%, according to BlockShopper.com.

From April through June of 2021, there were 291 homes sold, with a median home valuation of $219,450 - a 0.5% decrease over the $220,630 median valuation for the same period of the previous year. There were 305 homes sold in Montgomery in the second quarter of 2020.

The following table compares Montgomery to other Montgomery County cities with similar median home valuations in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median ValuationApr. - June 2020 Median Valuation% change (Median Valuation)
The Woodlands456596-23.5%$324,710$294,16510.4%
Stagecoach13-66.7%$277,900$168,76064.7%
Magnolia2182141.9%$234,690$199,05017.9%
Montgomery291305-4.6%$219,450$220,630-0.5%
Shenandoah1315-13.3%$207,210$165,23025.4%
Spring237271-12.5%$185,610$176,2605.3%
Oak Ridge North2023-13%$165,605$166,540-0.6%
Cleveland322-86.4%$160,880$59,090172.3%
Pinehurst1631-48.4%$144,765$132,7209.1%
Willis139152-8.6%$142,910$99,70543.3%
Porter127165-23%$141,820$126,04012.5%

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