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Tuesday, November 5, 2024

November 2020: Home prices in Cherryville increased

Re 11

The median sale price of a home sold in November 2020 in Cherryville rose by $11,000 while total sales decreased by 31.3%, according to BlockShopper.com.

In November 2020, there were 11 homes sold, with a median sale price of $148,000 - a 8% increase over the $137,000 median sale price for the same period of the previous year. There were 16 homes sold in Cherryville in November 2019.

The median sales tax in Cherryville for the most recent year with available data, 2019, was $1,266, approximately 0.9% of the median home sale price for November 2020.

The following table compares Cherryville to other Gaston County cities with similar median sale prices 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)
Gastonia15713912.9%$179,000$137,00030.7%
Brown Town10-$169,000$0-
Ranlo84100%$167,750$135,50023.8%
Dallas1415-6.7%$167,250$184,000-9.1%
Springdale21100%$166,500$132,00026.1%
McAdenville20-$160,000$0-
Cherryville1116-31.3%$148,000$137,0008%
Vinton Woods110%$100,000$123,000-18.7%
Yorkwood110%$92,000$105,500-12.8%
Springwood10-$80,000$0-
High Shoals110%$15,000$47,500-68.4%

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