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Monday, November 25, 2024

Cornelius home prices rise in 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in 2019 in Cornelius rose by $15,000 while total sales increased by 0.6%, according to BlockShopper.com.

From January through December of 2019, there were 959 homes sold, with a median sale price of $295,000 - a 5.4% increase over the $280,000 median sale price for the previous year. There were 953 homes sold in Cornelius in 2018.

The median sales tax in Cornelius for the most recent year with available data, 2015, was $2,171, approximately 0.7% of the median home sale price for 2019.

The following table compares Cornelius 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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