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Tuesday, November 5, 2024

Charlotte home prices rise in November 2020

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The median sale price of a home sold in November 2020 in Charlotte rose by $38,000 while total sales decreased by 14.2%, according to BlockShopper.com.

In November 2020, there were 1,174 homes sold, with a median sale price of $270,000 - a 16.4% increase over the $232,000 median sale price for the same period of the previous year. There were 1,368 homes sold in Charlotte in November 2019.

The median sales tax in Charlotte for the most recent year with available data, 2019, was $2,071, approximately 0.8% of the median home sale price for November 2020.

The following table compares Charlotte to other Mecklenburg County cities in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Cornelius7273-1.4%$385,000$300,00028.3%
Davidson332065%$368,000$348,5005.6%
Mint Hill3642-14.3%$315,000$302,5004.1%
Huntersville89122-27%$314,000$313,7500.1%
Matthews504219%$298,250$288,0003.6%
Charlotte1,1741,368-14.2%$270,000$232,00016.4%
Pineville822-63.6%$240,000$219,0009.6%
Wildwoods12-50%$228,000$158,00044.3%
Stallings03-100%$0$395,000-100%

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