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What happened to the median home valuation in Dallas during May 2021?

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The median assessed value of a home sold in May 2021 in Dallas rose by $55,685 while total valuation increased by 0.6%, according to BlockShopper.com.

In May 2021, there were 1,090 homes sold, with a median home valuation of $222,725 – a 33.3% increase over the $167,040 median valuation for the same period of the previous year. There were 1,083 homes sold in Dallas in May 2020.

The following table compares Dallas 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)
Addison 18 10 80% $380,980 $319,180 19.4%
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%

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