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Tuesday, November 5, 2024

Gastonia home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Gastonia rose by $24,750 while total sales increased by 48.6%, according to BlockShopper.com.

From July through September of 2019, there were 214 homes sold, with a median sale price of $158,750 - a 18.5% increase over the $134,000 median sale price for the same period of the previous year. There were 144 homes sold in Gastonia in the third quarter of 2018.

The median sales tax in Gastonia for the most recent year with available data, 2015, was $862, approximately 0.5% of the median home sale price for the third quarter of 2019.

The following table compares Gastonia to other Gaston County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Vinton Woods12-50%$205,000$181,25013.1%
Mount Holly403611.1%$197,000$177,75010.8%
Stanley231827.8%$180,000$159,00013.2%
Lowell78-12.5%$175,000$123,00042.3%
Brown Town110%$165,000$87,50088.6%
Gastonia21414448.6%$158,750$134,00018.5%
High Shoals10-$158,000$0-
Goshen Grove110%$150,000$139,0007.9%
Ranlo172750%$145,500$159,750-8.9%
Springdale12-50%$141,500$80,50075.8%
Dallas3215113.3%$128,000$169,000-24.3%

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