Valuation for the median home in Spring decreased during August 2021

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The median assessed value of a home sold in August 2021 in Spring fell by $18,920 while total valuation decreased by 76%, according to BlockShopper.com.

In August 2021, there were 31 homes sold, with a median home valuation of $163,370 - a 10.4% decrease over the $182,290 median valuation for the same period of the previous year. There were 129 homes sold in Spring in August 2020.

The following table compares Spring to other Montgomery County cities with similar median home valuations in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median ValuationAug. 2020 Median Valuation% change (Median Valuation)
The Woodlands12250-95.2%$429,285$303,78041.3%
Shenandoah7540%$193,400$326,360-40.7%
Montgomery32191-83.2%$166,225$232,640-28.5%
Spring31129-76%$163,370$182,290-10.4%
Magnolia38105-63.8%$159,705$251,120-36.4%
Pinehurst416-75%$157,730$166,545-5.3%
Conroe76200-62%$154,435$140,25510.1%
Oak Ridge North912-25%$153,400$157,310-2.5%
Porter2360-61.7%$151,490$145,8103.9%
Willis3362-46.8%$142,500$166,270-14.3%
Panorama Village112-91.7%$139,490$162,155-14%

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