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Tuesday, December 24, 2024

Cornelius home prices rise in July 2020

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The median sale price of a home sold in July 2020 in Cornelius rose by $34,000 while total sales increased by 5.7%, according to BlockShopper.com.

In July 2020, there were 111 homes sold, with a median sale price of $349,000 - a 10.8% increase over the $315,000 median sale price for the same period of the previous year. There were 105 homes sold in Cornelius in July 2019.

The median sales tax in Cornelius for the most recent year with available data, 2019, was $2,527, approximately 0.7% of the median home sale price for July 2020.

The following table compares Cornelius to other Mecklenburg County cities in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Davidson433716.2%$450,000$415,0008.4%
Stallings10-$362,000$0-
Cornelius1111055.7%$349,000$315,00010.8%
Huntersville1751750%$347,000$302,00014.9%
Mint Hill655030%$322,000$300,0007.3%
Matthews5865-10.8%$304,000$280,0008.6%
Charlotte1,8251,6947.7%$259,000$236,0009.7%
Pineville1822-18.2%$236,500$274,000-13.7%
Wildwoods13-66.7%$212,000$119,00078.2%

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