Cornelius home prices rise in May 2017

Cornelius home prices rise in May 2017
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The median sale price of a home sold in May 2017 in Cornelius rose by $9,500 while total sales increased by 13.3%, according to BlockShopper.com.

In May 2017, there were 111 homes sold, with a median sale price of $273,000 – a 3.6% increase over the $263,500 median sale price for the same period of the previous year. There were 98 homes sold in Cornelius in May 2016.

The median sales tax in Cornelius for the most recent year with available data, 2015, was $2,171, approximately 0.8% of the median home sale price for May 2017.

The following table compares Cornelius to other Mecklenburg County cities in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Davidson 35 42 -16.7% $325,000 $324,000 0.3%
Matthews 45 48 -6.3% $281,500 $252,000 11.7%
Cornelius 111 98 13.3% $273,000 $263,500 3.6%
Mint Hill 60 62 -3.2% $270,000 $232,500 16.1%
Huntersville 135 146 -7.5% $260,000 $250,000 4%
Pineville 19 18 5.6% $226,000 $210,750 7.2%
Charlotte 1,843 1,648 11.8% $205,000 $194,750 5.3%
Wildwoods 1 0 $145,000 $0
Stallings 0 2 -100% $0 $338,250 -100%


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