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What happened to the median home valuation in Luling during the fourth quarter of 2017?

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The median assessed value of a home sold in the fourth quarter of 2017 in Luling fell by $10,655 while total valuation decreased by 15.4%, according to BlockShopper.com.

From October through December of 2017, there were 22 homes sold, with a median home valuation of $70,100 - a 13.2% decrease over the $80,755 median valuation for the same period of the previous year. There were 26 homes sold in Luling in the fourth quarter of 2016.

The following table compares Luling to other Caldwell County cities in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median ValuationOct. - Dec. 2016 Median Valuation% change (Median Valuation)
Martindale47-42.9%$122,115$163,080-25.1%
Lockhart57545.6%$99,280$86,90014.2%
Uhland34-25%$70,680$83,640-15.5%
Luling2226-15.4%$70,100$80,755-13.2%

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