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Wednesday, November 6, 2024

Gastonia home prices rise in February 2020

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The median sale price of a home sold in February 2020 in Gastonia rose by $24,500 while total sales increased by 31.1%, according to BlockShopper.com.

In February 2020, there were 118 homes sold, with a median sale price of $160,000 - a 18.1% increase over the $135,500 median sale price for the same period of the previous year. There were 90 homes sold in Gastonia in February 2019.

The median sales tax in Gastonia for the most recent year with available data, 2019, was $1,462, approximately 0.9% of the median home sale price for February 2020.

The following table compares Gastonia to other Gaston County cities with similar median sales prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Cramerton10825%$227,500$179,50026.7%
Lowell35-40%$219,000$131,50066.5%
Mount Holly1718-5.6%$210,000$173,00021.4%
Ranlo115120%$178,000$170,0004.7%
Ashebrook Park10-$176,000$0-
Gastonia1189031.1%$160,000$135,50018.1%
Stanley1213-7.7%$151,500$155,000-2.3%
Dallas151136.4%$146,000$155,000-5.8%
Yorkwood10-$125,500$0-
Fallcrest20-$112,500$0-
Bessemer City151050%$107,500$127,500-15.7%

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