The median sale price of a home sold in June 2017 in Mineral Springs fell by $3,000 while total sales increased by 75%, according to BlockShopper.com.
In June 2017, there were seven homes sold, with a median sale price of $353,000 – a 0.8% decrease over the $356,000 median sale price for the same period of the previous year. There were four homes sold in Mineral Springs in June 2016.
The median sales tax in Mineral Springs for 2017 was $1,263. In 2016, the median sales tax was $1,202. This marks an increase of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.4%.
The following table compares Mineral Springs to other Union County cities with similar median sale prices in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Weddington | 13 | 19 | -31.6% | $666,000 | $599,000 | 11.2% |
| Marvin | 7 | 20 | -65% | $645,000 | $684,750 | -5.8% |
| Waxhaw | 83 | 108 | -23.1% | $429,000 | $361,500 | 18.7% |
| Unionville | 2 | 8 | -75% | $410,750 | $247,500 | 66% |
| Wesley Chapel | 11 | 23 | -52.2% | $380,000 | $425,000 | -10.6% |
| Mineral Springs | 7 | 4 | 75% | $353,000 | $356,000 | -0.8% |
| Mint Hill | 1 | 1 | 0% | $329,000 | $385,000 | -14.5% |
| Matthews | 5 | 3 | 66.7% | $310,000 | $258,500 | 19.9% |
| Stallings | 27 | 28 | -3.6% | $266,000 | $250,000 | 6.4% |
| Indian Trail | 52 | 94 | -44.7% | $252,250 | $245,500 | 2.7% |
| Hemby Bridge | 2 | 4 | -50% | $247,000 | $156,500 | 57.8% |
