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Tuesday, November 5, 2024

Cornelius home prices rise in November 2020

Realestate2

The median sale price of a home sold in November 2020 in Cornelius rose by $85,000 while total sales decreased by 1.4%, according to BlockShopper.com.

In November 2020, there were 72 homes sold, with a median sale price of $385,000 - a 28.3% increase over the $300,000 median sale price for the same period of the previous year. There were 73 homes sold in Cornelius in November 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 November 2020.

The following table compares Cornelius 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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