How did home valuations perform in Santa Fe during May 2021?

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The median assessed value of a home sold in May 2021 in Santa Fe rose by $25,294 while total valuation decreased by 66.7%, according to

In May 2021, there were five homes sold, with a median home valuation of $189,484 - a 15.4% increase over the $164,190 median valuation for the same period of the previous year. There were 15 homes sold in Santa Fe in May 2020.

The following table compares Santa Fe to other Galveston County cities with similar median home valuations in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median ValuationMay 2020 Median Valuation% change (Median Valuation)
Tiki Island38-62.5%$429,320$411,0754.4%
Jamaica Beach56-16.7%$270,770$274,040-1.2%
Bolivar Peninsula2122-4.5%$221,020$265,200-16.7%
League City80156-48.7%$220,430$217,6051.3%
Santa Fe515-66.7%$189,484$164,19015.4%
Bayou Vista36-50%$185,000$233,650-20.8%
San Leon310-70%$167,890$138,47821.2%

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