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Tuesday, November 5, 2024

Bessemer City home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Bessemer City fell by $11,000 while total sales increased by 100%, according to BlockShopper.com.

In August 2019, there were 24 homes sold, with a median sale price of $95,500 - a 10.3% decrease over the $106,500 median sale price for the same period of the previous year. There were 12 homes sold in Bessemer City in August 2018.

The median sales tax in Bessemer City for the most recent year with available data, 2015, was $676, approximately 0.7% of the median home sale price for August 2019.

The following table compares Bessemer City to other Gaston County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Brown Town110%$165,000$62,500164%
Gastonia16914119.9%$150,000$160,000-6.3%
West Cramerton10-$148,000$0-
Cherryville171330.8%$140,000$100,00040%
Yorkwood10-$123,000$0-
South Gastonia110%$118,000$34,000247.1%
Springdale10-$115,000$0-
Dallas2224-8.3%$106,000$141,000-24.8%
Kings Mountain59-44.4%$105,000$110,000-4.5%
Bessemer City2412100%$95,500$106,500-10.3%
Fallcrest110%$87,500$140,000-37.5%

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