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Tuesday, November 5, 2024

How did home valuations perform in Austin (Travis County) during the first half of 2022?

Re 13

The median assessed value of a home sold in the first half of 2022 in Austin in Travis County rose by $41,992 while total valuation increased by 18.2 percent, according to BlockShopper.com.

From January through June, there were 1,478 homes sold, with a median home valuation of $375,542 - a 12.6 percent increase over the $333,550 median valuation for the same period of the previous year. There were 1,250 homes sold in Austin in the first half of 2021.

The following table compares Austin to other Travis County cities with similar median home valuations in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median ValuationJanuary - June 2021 Median Valuation% change (Median Valuation)
Spicewood3638-5.3$497,507$601,444-17.3
Hudson Bend21100$481,116$120,371299.7
Marble Falls30-$480,597$0-
Cedar Park1925-24$474,203$430,70210.1
Jonestown770$389,662$493,377-21
Austin1,4781,25018.2$375,542$333,55012.6
Dripping Springs67-14.3$355,450$287,91423.5
Briarcliff1112-8.3$351,317$311,19012.9
Hutto21100$321,363$284,05113.1
Leander21205$320,335$428,050-25.2
Manchaca63100$300,245$333,443-10
* This story only considers sales data for the part of Austin that is in Travis County.

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