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January 2022: Home valuations in Elgin increased

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The median assessed value of a home sold in January 2022 in Elgin rose by $13,627 while total valuation decreased by 40%, according to BlockShopper.com.

In January 2022, there were six homes sold, with a median home valuation of $197,002 - a 7.4% increase over the $183,375 median valuation for the same period of the previous year. There were 10 homes sold in Elgin in January 2021.

The following table compares Elgin to other Bastrop County cities in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median ValuationJan. 2021 Median Valuation% change (Median Valuation)
Smithville7475%$218,050$102,899111.9%
Elgin610-40%$197,001.50$183,3757.4%
Bastrop719-63.2%$191,355$192,974-0.8%
Wyldwood42100%$163,544$144,950.5012.8%
Camp Swift4333.3%$135,174$125,7667.5%
McDade12-50%$117,604$57,363.50105%
Circle D-KC Estates03-100%$0$227,722-100%

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