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Friday, November 8, 2024

Cornelius home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Cornelius rose by $109,000 while total sales increased by 4.2%, according to BlockShopper.com.

In October 2020, there were 100 homes sold, with a median sale price of $369,000 - a 41.9% increase over the $260,000 median sale price for the same period of the previous year. There were 96 homes sold in Cornelius in October 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 October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Stallings21100%$396,500$318,00024.7%
Cornelius100964.2%$369,000$260,00041.9%
Davidson402653.8%$365,000$440,000-17%
Mint Hill4953-7.5%$331,500$295,00012.4%
Huntersville127133-4.5%$329,000$275,00019.6%
Matthews4661-24.6%$309,000$275,00012.4%
Pineville201717.6%$264,500$277,500-4.7%
Charlotte1,7281,50015.2%$263,500$225,00017.1%
Wildwoods21100%$173,000$155,00011.6%

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