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Monday, November 25, 2024

Harrisburg home prices rose in the second half of 2019

Realestate1

The median sale price of a home sold in the second half of 2019 in Harrisburg rose by $43,500 while total sales decreased by 7.1%, according to BlockShopper.com.

From July through December of 2019, there were 209 homes sold, with a median sale price of $302,500 - a 16.8% increase over the $259,000 median sale price for the same period of the previous year. There were 225 homes sold in Harrisburg in the second half of 2018.

The median sales tax in Harrisburg for 2019 was $2,322. In 2018, the median sales tax was $2,263. This marks an increase of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.8%.

The following table compares Harrisburg to other Cabarrus County cities in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Harrisburg209225-7.1%$302,500$259,00016.8%
Charlotte31296.9%$299,000$202,50047.7%
Locust191090%$230,000$201,75014%
Mount Pleasant1221-42.9%$228,000$203,00012.3%
Midland8893-5.4%$220,000$209,5005%
Concord1,3351,2913.4%$207,000$191,0008.4%
Kannapolis5394958.9%$160,000$150,0006.7%
Fisher Town550%$77,500$22,000252.3%

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