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Falling home valuations in Cedar Hill in May 2021

Falling home valuations in Cedar Hill in May 2021_60f1ea89cd923.png

The median assessed value of a home sold in May 2021 in Cedar Hill fell by $775 while total valuation increased by 21.1%, according to BlockShopper.com.

In May 2021, there were 46 homes sold, with a median home valuation of $167,720 – a 0.5% decrease over the $168,495 median valuation for the same period of the previous year. There were 38 homes sold in Cedar Hill in May 2020.

The following table compares Cedar Hill to other Dallas County cities with similar median home valuations in May 2021:

City May 2021 Home Sales May 2020 Home Sales % change (Total Home Sales) May 2021 Median Valuation May 2020 Median Valuation % change (Median Valuation)
Farmers Branch 37 20 85% $207,670 $175,605 18.3%
Carrollton 49 42 16.7% $206,230 $219,465 -6%
Irving 125 112 11.6% $175,240 $174,070 0.7%
DeSoto 73 54 35.2% $173,910 $171,360 1.5%
Garland 234 246 -4.9% $168,530 $158,265 6.5%
Cedar Hill 46 38 21.1% $167,720 $168,495 -0.5%
Glenn Heights 9 14 -35.7% $160,820 $157,900 1.8%
Mesquite 138 158 -12.7% $144,940 $136,270 6.4%
Grand Prairie 117 109 7.3% $143,930 $143,930 0%
Lancaster 32 48 -33.3% $136,760 $145,750 -6.2%
Seagoville 15 15 0% $127,830 $103,980 22.9%

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