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Tuesday, November 5, 2024

Cramerton home prices fell in November 2020

Re 8

The median sale price of a home sold in November 2020 in Cramerton fell by $28,500 while total sales increased by 36.4%, according to BlockShopper.com.

In November 2020, there were 15 homes sold, with a median sale price of $240,000 - a 10.6% decrease over the $268,500 median sale price for the same period of the previous year. There were 11 homes sold in Cramerton in November 2019.

The median sales tax in Cramerton for the most recent year with available data, 2019, was $2,360, approximately 1% of the median home sale price for November 2020.

The following table compares Cramerton 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)
Belmont24234.3%$310,000$230,00034.8%
Cramerton151136.4%$240,000$268,500-10.6%
Mount Holly31310%$238,000$221,5007.4%
Lowell94125%$232,500$151,50053.5%
Kings Mountain25-60%$186,000$115,00061.7%
Bessemer City416-75%$185,000$139,50032.6%
Stanley13785.7%$180,000$257,500-30.1%
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%

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