The median assessed value of a home sold in May 2021 in Farmers Branch rose by $32,065 while total valuation increased by 85%, according to BlockShopper.com.
In May 2021, there were 37 homes sold, with a median home valuation of $207,670 – a 18.3% increase over the $175,605 median valuation for the same period of the previous year. There were 20 homes sold in Farmers Branch in May 2020.
The following table compares Farmers Branch 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) |
|---|---|---|---|---|---|---|
| Lewisville | 1 | 4 | -75% | $270,600 | $230,575 | 17.4% |
| Richardson | 127 | 101 | 25.7% | $242,640 | $237,540 | 2.1% |
| Sachse | 18 | 19 | -5.3% | $234,205 | $220,240 | 6.3% |
| Rowlett | 66 | 56 | 17.9% | $223,210 | $221,105 | 1% |
| Dallas | 1,090 | 1,083 | 0.6% | $222,725 | $167,040 | 33.3% |
| 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% |
