The median assessed value of a home sold in August 2021 in Tiki Island fell by $165,180 while total valuation increased by 27.3%, according to BlockShopper.com.
In August 2021, there were 14 homes sold, with a median home valuation of $307,710 - a 34.9% decrease over the $472,890 median valuation for the same period of the previous year. There were 11 homes sold in Tiki Island in August 2020.
The following table compares Tiki Island to other Galveston County cities with similar median home valuations in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Valuation | Aug. 2020 Median Valuation | % change (Median Valuation) |
|---|---|---|---|---|---|---|
| Tiki Island | 14 | 11 | 27.3% | $307,710 | $472,890 | -34.9% |
| Friendswood | 65 | 68 | -4.4% | $304,869 | $310,810 | -1.9% |
| Jamaica Beach | 7 | 10 | -30% | $279,000 | $378,335 | -26.3% |
| Bolivar Peninsula | 33 | 54 | -38.9% | $234,750 | $230,890 | 1.7% |
| League City | 216 | 220 | -1.8% | $228,395 | $218,394 | 4.6% |
| Clear Lake Shores | 10 | 2 | 400% | $214,495 | $391,894 | -45.3% |
| Kemah | 1 | 2 | -50% | $205,000 | $168,585 | 21.6% |
| Santa Fe | 26 | 25 | 4% | $184,880 | $166,070 | 11.3% |
| Bayou Vista | 9 | 16 | -43.8% | $175,320 | $210,000 | -16.5% |
| Galveston | 167 | 150 | 11.3% | $157,190 | $189,808.50 | -17.2% |
| Bacliff | 12 | 12 | 0% | $146,940 | $133,360 | 10.2% |
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