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Friday, November 8, 2024

What happened to the median home price in Mount Pleasant during October 2020?

Realestate5

The median sale price of a home sold in October 2020 in Mount Pleasant rose by $75,500 while total sales increased by 33.3%, according to BlockShopper.com.

In October 2020, there were four homes sold, with a median sale price of $299,500 - a 33.7% increase over the $224,000 median sale price for the same period of the previous year. There were three homes sold in Mount Pleasant in October 2019.

The median sales tax in Mount Pleasant for the most recent year with available data, 2019, was $1,571, approximately 0.5% of the median home sale price for October 2020.

The following table compares Mount Pleasant to other Cabarrus 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)
Harrisburg392934.5%$316,500$299,0005.9%
Mount Pleasant4333.3%$299,500$224,00033.7%
Concord24922510.7%$243,000$201,00020.9%
Locust48-50%$235,000$252,250-6.8%
Charlotte24-50%$232,500$287,500-19.1%
Midland1620-20%$220,000$235,000-6.4%
Kannapolis8497-13.4%$188,750$160,00018%
Fisher Town00-$0$0-

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