From July through September of 2020, there were seven homes sold, with a median sale price of $59,500 - a 12.8% decrease over the $68,250 median sale price for the same period of the previous year. There were four homes sold in South Gastonia in the third quarter of 2019.
The median sales tax in South Gastonia for the most recent year with available data, 2019, was $568, approximately 1% of the median home sale price for the third quarter of 2020.
The following table compares South Gastonia to other Gaston County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Stanley | 52 | 48 | 8.3% | $175,500 | $185,000 | -5.1% |
| Kings Mountain | 9 | 11 | -18.2% | $175,000 | $125,000 | 40% |
| Gastonia | 480 | 439 | 9.3% | $175,000 | $158,500 | 10.4% |
| McAdenville | 3 | 2 | 50% | $160,000 | $235,000 | -31.9% |
| Fallcrest | 1 | 2 | -50% | $150,000 | $120,750 | 24.2% |
| Goshen Grove | 1 | 1 | 0% | $145,000 | $150,000 | -3.3% |
| Bessemer City | 38 | 49 | -22.4% | $132,000 | $115,000 | 14.8% |
| Cherryville | 43 | 39 | 10.3% | $127,000 | $125,000 | 1.6% |
| Brown Town | 1 | 1 | 0% | $99,000 | $165,000 | -40% |
| North Belmont | 2 | 4 | -50% | $72,000 | $145,500 | -50.5% |
| South Gastonia | 7 | 4 | 75% | $59,500 | $68,250 | -12.8% |
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