The median assessed value of a home sold in the first half of 2022 in Pine Forest Village rose by $4,815 while total valuation decreased by 20 percent, according to BlockShopper.com.
From January through June, there were four homes sold, with a median home valuation of $266,240 - a 1.8 percent increase over the $261,425 median valuation for the same period of the previous year. There were five homes sold in Pine Forest Village in the first half of 2021.
The following table compares Pine Forest Village to other Harris County cities with similar median home valuations in the first half of 2022:
| City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Valuation | January - June 2021 Median Valuation | % change (Median Valuation) |
|---|---|---|---|---|---|---|
| Canterbury Forest | 9 | 11 | -18.2 | $274,094 | $173,678 | 57.8 |
| Rustic Acres | 1 | 2 | -50 | $268,185 | $197,395 | 35.9 |
| Cypress | 1,470 | 1,139 | 29.1 | $267,854 | $236,837 | 13.1 |
| Champion Park | 5 | 5 | 0 | $267,300 | $281,755 | -5.1 |
| Oak Creek Village | 15 | 9 | 66.7 | $266,633 | $209,800 | 27.1 |
| Pine Forest Village | 4 | 5 | -20 | $266,240 | $261,425 | 1.8 |
| Southdown Village | 15 | 8 | 87.5 | $264,937 | $213,567 | 24.1 |
| Wimbledon Estates | 3 | 0 | - | $263,687 | $0 | - |
| Champions East | 12 | 16 | -25 | $261,311 | $235,061 | 11.2 |
| Lakewood West | 15 | 8 | 87.5 | $261,075 | $215,744 | 21 |
| Londonderry | 4 | 0 | - | $256,634 | $0 | - |
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