In July 2020, there were 18 homes sold, with a median sale price of $250,000 - a 5.3% increase over the $237,500 median sale price for the same period of the previous year. There were 17 homes sold in Midland in July 2019.
The median sales tax in Midland for the most recent year with available data, 2019, was $1,244, approximately 0.5% of the median home sale price for July 2020.
The following table compares Midland to other Cabarrus County cities in July 2020:
| City | July 2020 Home Sales | July 2019 Home Sales | % change (Total Home Sales) | July 2020 Median Sales Price | July 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Locust | 5 | 2 | 150% | $286,000 | $262,750 | 8.8% |
| Harrisburg | 55 | 53 | 3.8% | $270,000 | $315,000 | -14.3% |
| Midland | 18 | 17 | 5.9% | $250,000 | $237,500 | 5.3% |
| Concord | 246 | 260 | -5.4% | $244,750 | $225,000 | 8.8% |
| Charlotte | 3 | 8 | -62.5% | $208,000 | $233,000 | -10.7% |
| Mount Pleasant | 6 | 3 | 100% | $201,500 | $95,000 | 112.1% |
| Kannapolis | 114 | 99 | 15.2% | $179,500 | $150,000 | 19.7% |
| Fisher Town | 1 | 0 | - | $144,000 | $0 | - |
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