April: Home valuations in Bolivar Peninsula increased

Medium realestate5

The median assessed value of a home sold in April in Bolivar Peninsula rose by $4,970 while total valuation decreased by 89.5 percent, according to BlockShopper.com.

In April, there were four homes sold, with a median home valuation of $238,970 - a 2.1 percent increase over the $234,000 median valuation for the same period of the previous year. There were 38 homes sold in Bolivar Peninsula in April 2021.

The following table compares Bolivar Peninsula to other Galveston County cities with similar median home valuations in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median ValuationApril 2021 Median Valuation% change (Median Valuation)
Jamaica Beach26-66.7$372,155$411,850-9.6
Bolivar Peninsula438-89.5$238,970$234,0002.1
League City59229-74.2$179,490$214,720-16.4
Texas City4093-57$74,785$85,360-12.4
La Marque438-89.5$57,818$63,920-9.5

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