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Saturday, November 16, 2024

What happened to the median home price in Harrisburg during the third quarter of 2020?

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The median sale price of a home sold in the third quarter of 2020 in Harrisburg fell by $4,500 while total sales decreased by 0.8%, according to BlockShopper.com.

From July through September of 2020, there were 125 homes sold, with a median sale price of $300,500 - a 1.5% decrease over the $305,000 median sale price for the same period of the previous year. There were 126 homes sold in Harrisburg in the third quarter of 2019.

The median sales tax in Harrisburg for the most recent year with available data, 2019, was $2,322, approximately 0.8% of the median home sale price for the third quarter of 2020.

The following table compares Harrisburg to other Cabarrus County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Harrisburg125126-0.8%$300,500$305,000-1.5%
Locust8714.3%$284,750$206,00038.2%
Charlotte1015-33.3%$282,500$299,000-5.5%
Mount Pleasant16977.8%$268,750$263,5002%
Midland484117.1%$250,000$245,0002%
Concord711721-1.4%$239,000$217,5009.9%
Kannapolis30027110.7%$174,250$158,00010.3%
Fisher Town14-75%$144,000$114,75025.5%

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