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What happened to the median home valuation in Martindale during the second quarter of 2017?

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The median assessed value of a home sold in the second quarter of 2017 in Martindale rose by $46,370 while total valuation decreased by 18.2%, according to BlockShopper.com.

From April through June of 2017, there were nine homes sold, with a median home valuation of $170,050 - a 37.5% increase over the $123,680 median valuation for the same period of the previous year. There were 11 homes sold in Martindale in the second quarter of 2016.

The following table compares Martindale to other Caldwell County cities in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median ValuationApr. - June 2016 Median Valuation% change (Median Valuation)
Martindale911-18.2%$170,050$123,68037.5%
Uhland4333.3%$87,095$77,82011.9%
Lockhart836233.9%$70,980$98,620-28%
Luling2345-48.9%$49,000$22,140121.3%

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