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

Medium realestate4

The median assessed value of a home sold in January 2021 in Dallas rose by $35,885 while total valuation decreased by 52.1%, according to BlockShopper.com.

In January 2021, there were 800 homes sold, with a median home valuation of $174,395 - a 25.9% increase over the $138,510 median valuation for the same period of the previous year. There were 1,671 homes sold in Dallas in January 2020.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median ValuationJan. 2020 Median Valuation% change (Median Valuation)
Rowlett665911.9%$229,875$222,9603.1%
Sachse1218-33.3%$220,400$212,9403.5%
Farmers Branch2246-52.2%$189,240$192,355-1.6%
DeSoto5365-18.5%$186,310$169,5909.9%
Irving81148-45.3%$186,220$169,15510.1%
Dallas8001,671-52.1%$174,395$138,51025.9%
Garland228327-30.3%$162,570$165,850-2%
Cedar Hill3661-41%$160,535$181,700-11.6%
Duncanville3169-55.1%$158,860$143,93010.4%
Grand Prairie104162-35.8%$157,140$133,66017.6%
Glenn Heights720-65%$155,000$173,050-10.4%

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