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Wednesday, December 25, 2024

What happened to the median home price in Harrisburg during July 2020?

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The median sale price of a home sold in July 2020 in Harrisburg fell by $45,000 while total sales increased by 3.8%, according to BlockShopper.com.

In July 2020, there were 55 homes sold, with a median sale price of $270,000 - a 14.3% decrease over the $315,000 median sale price for the same period of the previous year. There were 53 homes sold in Harrisburg in July 2019.

The median sales tax in Harrisburg for the most recent year with available data, 2019, was $2,322, approximately 0.9% of the median home sale price for July 2020.

The following table compares Harrisburg to other Cabarrus County cities in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Locust52150%$286,000$262,7508.8%
Harrisburg55533.8%$270,000$315,000-14.3%
Midland18175.9%$250,000$237,5005.3%
Concord246260-5.4%$244,750$225,0008.8%
Charlotte38-62.5%$208,000$233,000-10.7%
Mount Pleasant63100%$201,500$95,000112.1%
Kannapolis1149915.2%$179,500$150,00019.7%
Fisher Town10-$144,000$0-

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