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Wednesday, December 25, 2024

South Gastonia home prices rise in July 2020

Realestate1

The median sale price of a home sold in July 2020 in South Gastonia rose by $61,750 while total sales increased by 50%, according to BlockShopper.com.

In July 2020, there were three homes sold, with a median sale price of $130,000 - a 90.5% increase over the $68,250 median sale price for the same period of the previous year. There were two homes sold in South Gastonia in July 2019.

The median sales tax in South Gastonia for the most recent year with available data, 2019, was $568, approximately 0.4% of the median home sale price for July 2020.

The following table compares South Gastonia to other Gaston County cities with similar median sales prices 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)
Ashebrook Park10-$204,000$0-
Kings Mountain440%$200,000$69,500187.8%
Ranlo10742.9%$196,000$191,5002.3%
West Cramerton110%$190,500$248,500-23.3%
Gastonia1801649.8%$181,500$153,50018.2%
Stanley171241.7%$160,000$169,250-5.5%
Lowell713-46.2%$159,000$186,000-14.5%
Bessemer City1315-13.3%$144,500$125,00015.6%
Cherryville201181.8%$136,000$125,0008.8%
South Gastonia3250%$130,000$68,25090.5%
North Belmont14-75%$55,000$145,500-62.2%

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