Median home valuations in Tiki Island fell to $307,710 in August 2021

Medium realestate5

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

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:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median ValuationAug. 2020 Median Valuation% change (Median Valuation)
Tiki Island141127.3%$307,710$472,890-34.9%
Jamaica Beach710-30%$279,000$378,335-26.3%
Bolivar Peninsula3354-38.9%$234,750$230,8901.7%
League City216220-1.8%$228,395$218,3944.6%
Clear Lake Shores102400%$214,495$391,894-45.3%
Santa Fe26254%$184,880$166,07011.3%
Bayou Vista916-43.8%$175,320$210,000-16.5%

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