From July through September of 2020, there were 48 homes sold, with a median sale price of $250,000 - a 2% increase over the $245,000 median sale price for the same period of the previous year. There were 41 homes sold in Midland in the third quarter of 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 the third quarter of 2020.
The following table compares Midland to other Cabarrus County cities in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harrisburg | 125 | 126 | -0.8% | $300,500 | $305,000 | -1.5% |
| Locust | 8 | 7 | 14.3% | $284,750 | $206,000 | 38.2% |
| Charlotte | 10 | 15 | -33.3% | $282,500 | $299,000 | -5.5% |
| Mount Pleasant | 16 | 9 | 77.8% | $268,750 | $263,500 | 2% |
| Midland | 48 | 41 | 17.1% | $250,000 | $245,000 | 2% |
| Concord | 711 | 721 | -1.4% | $239,000 | $217,500 | 9.9% |
| Kannapolis | 300 | 271 | 10.7% | $174,250 | $158,000 | 10.3% |
| Fisher Town | 1 | 4 | -75% | $144,000 | $114,750 | 25.5% |
Alerts Sign-up