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Monday, November 25, 2024

Charlotte home prices rise in 2019

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The median sale price of a home sold in 2019 in Charlotte rose by $17,000 while total sales increased by 6%, according to BlockShopper.com.

From January through December of 2019, there were 17,749 homes sold, with a median sale price of $229,000 - a 8% increase over the $212,000 median sale price for the previous year. There were 16,748 homes sold in Charlotte in 2018.

The median sales tax in Charlotte for the most recent year with available data, 2015, was $1,696, approximately 0.7% of the median home sale price for 2019.

The following table compares Charlotte to other Mecklenburg County cities in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Stallings50-$375,000$0-
Davidson359365-1.6%$362,000$350,0003.4%
Cornelius9599530.6%$295,000$280,0005.4%
Huntersville1,5041,4325%$290,000$286,7501.1%
Matthews58746526.2%$282,500$278,0001.6%
Mint Hill462476-2.9%$280,500$249,25012.5%
Pineville23519719.3%$239,000$208,00014.9%
Charlotte17,74916,7486%$229,000$212,0008%
Wildwoods1629-44.8%$173,250$157,50010%

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