The median assessed value of a home sold in April in Melissa fell by $43,694 while total valuation decreased by 20 percent, according to BlockShopper.com.
In April, there were eight homes sold, with a median home valuation of $201,742 - a 17.8 percent decrease from the $245,436 median valuation for the same period of the previous year. There were 10 homes sold in Melissa in April 2021.
The following table compares Melissa to other Collin County cities with similar median home valuations in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Valuation | April 2021 Median Valuation | % change (Median Valuation) |
|---|---|---|---|---|---|---|
| Allen | 142 | 236 | -39.8 | $303,485 | $328,137 | -7.5 |
| Celina | 23 | 16 | 43.8 | $300,026 | $314,186 | -4.5 |
| Nevada | 1 | 3 | -66.7 | $288,426 | $314,079 | -8.2 |
| Royse City | 5 | 8 | -37.5 | $268,225 | $243,391 | 10.2 |
| Blue Ridge | 1 | 0 | - | $265,772 | $0 | - |
| Wylie | 91 | 112 | -18.8 | $250,638 | $257,531 | -2.7 |
| Anna | 42 | 45 | -6.7 | $233,456 | $215,428 | 8.4 |
| Lavon | 8 | 11 | -27.3 | $231,650 | $241,918 | -4.2 |
| Princeton | 35 | 43 | -18.6 | $205,974 | $218,773 | -5.9 |
| Melissa | 8 | 10 | -20 | $201,742 | $245,436 | -17.8 |
| Josephine | 6 | 6 | 0 | $194,774 | $196,681 | -1 |
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