The median assessed value of a home sold in April in Lago Vista fell by $150,319 while total valuation increased by 75 percent, according to BlockShopper.com.
In April, there were seven homes sold, with a median home valuation of $87,500 - a 63.2 percent decrease from the $237,819 median valuation for the same period of the previous year. There were four homes sold in Lago Vista in April 2021.
The following table compares Lago Vista to other Travis County cities with similar median home valuations in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Valuation | April 2021 Median Valuation | % change (Median Valuation) |
|---|---|---|---|---|---|---|
| Manchaca | 1 | 0 | - | $370,134 | $0 | - |
| Briarcliff | 2 | 1 | 100 | $362,311 | $373,716 | -3.1 |
| Austin | 249 | 172 | 44.8 | $334,300 | $312,637 | 6.9 |
| Hutto | 1 | 0 | - | $319,148 | $0 | - |
| Point Venture | 8 | 3 | 166.7 | $272,785 | $227,995 | 19.6 |
| Jonestown | 1 | 1 | 0 | $269,748 | $1,183,319 | -77.2 |
| Pflugerville | 32 | 20 | 60 | $268,092 | $239,726 | 11.8 |
| Manor | 11 | 6 | 83.3 | $177,959 | $184,702 | -3.7 |
| Elgin | 2 | 1 | 100 | $174,310 | $149,200 | 16.8 |
| Leander | 4 | 2 | 100 | $138,035 | $812,150 | -83 |
| Lago Vista | 7 | 4 | 75 | $87,500 | $237,819 | -63.2 |
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