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% |