Garner home prices rise in the first half of 2017

Garner home prices rise in the first half of 2017
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The median sale price of a home sold in the first half of 2017 in Garner rose by $5,000 while total sales decreased by 3.7%, according to BlockShopper.com.

From January through June of 2017, there were 236 homes sold, with a median sale price of $180,000 – a 2.9% increase over the $175,000 median sale price for the same period of the previous year. There were 245 homes sold in Garner in the first half of 2016.

The median sales tax in Garner for the most recent year with available data, 2016, was $1,675, approximately 0.9% of the median home sale price for the first half of 2017.

The following table compares Garner to other Wake County cities with similar median sales prices in the first half of 2017:

City Jan. – June 2017 Home Sales Jan. – June 2016 Home Sales % change (Total Home Sales) Jan. – June 2017 Median Sales Price Jan. – June 2016 Median Sales Price % change (Median Sales Price)
Clayton 6 6 0% $195,500 $174,000 12.4%
Knightdale 198 250 -20.8% $194,250 $203,000 -4.3%
Barclay Downs 3 8 -62.5% $193,000 $277,750 -30.5%
Pine Hurst Park 8 2 300% $192,250 $133,500 44%
Will-O-Dean Acres 7 7 0% $183,000 $169,000 8.3%
Garner 236 245 -3.7% $180,000 $175,000 2.9%
Emerald Village 6 5 20% $176,500 $129,000 36.8%
Zebulon 81 121 -33.1% $175,000 $196,500 -10.9%
Waco Heights 14 5 180% $170,750 $163,000 4.8%
Heatherbrook 4 10 -60% $165,000 $155,000 6.5%
Wendell 88 175 -49.7% $162,500 $190,000 -14.5%


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