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Falling home valuations in Martindale in December 2017

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The median assessed value of a home sold in December 2017 in Martindale fell by $59,715 while total valuation increased by 50%, according to BlockShopper.com.

In December 2017, there were three homes sold, with a median home valuation of $54,770 - a 52.2% decrease over the $114,485 median valuation for the same period of the previous year. There were two homes sold in Martindale in December 2016.

The following table compares Martindale to other Caldwell County cities in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median ValuationDec. 2016 Median Valuation% change (Median Valuation)
Lockhart1218-33.3%$73,405$132,720-44.7%
Luling104150%$59,190$118,130-49.9%
Martindale3250%$54,770$114,485-52.2%
Uhland00-$0$0-

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