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Tuesday, November 5, 2024

Kings Mountain home prices rise in September 2019

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The median sale price of a home sold in September 2019 in Kings Mountain rose by $27,000 while total sales increased by 25%, according to BlockShopper.com.

In September 2019, there were five homes sold, with a median sale price of $110,000 - a 32.5% increase over the $83,000 median sale price for the same period of the previous year. There were four homes sold in Kings Mountain in September 2018.

The median sales tax in Kings Mountain for the most recent year with available data, 2015, was $714, approximately 0.6% of the median home sale price for September 2019.

The following table compares Kings Mountain to other Gaston County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
High Shoals110%$158,000$65,000143.1%
Gastonia14010040%$152,000$150,0001.3%
Goshen Grove10-$150,000$0-
Dallas2412100%$148,250$117,00026.7%
Springdale10-$141,500$0-
Ranlo146133.3%$135,500$135,5000%
Kings Mountain5425%$110,000$83,00032.5%
Cherryville151315.4%$92,000$112,000-17.9%
Bessemer City151225%$92,000$70,00031.4%
Yorkwood10-$35,000$0-
South Gastonia10-$5,000$0-

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