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Tuesday, December 24, 2024

Kings Mountain home prices rise in July 2020

Realestate4

The median sale price of a home sold in July 2020 in Kings Mountain rose by $130,500 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In July 2020, there were four homes sold, with a median sale price of $200,000 - a 187.8% increase over the $69,500 median sale price for the same period of the previous year. There were four homes sold in Kings Mountain in July 2019, as well.

The median sales tax in Kings Mountain for the most recent year with available data, 2019, was $1,162, approximately 0.6% of the median home sale price for July 2020.

The following table compares Kings Mountain 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)
Belmont33330%$263,000$196,00034.2%
McAdenville20-$232,250$0-
Mount Holly422661.5%$209,000$225,000-7.1%
Dallas1724-29.2%$205,000$132,50054.7%
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%

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