In March 2021, there were 14 homes sold, with a median sale price of $83,750 - a 36.2% decrease over the $131,250 median sale price for the same period of the previous year. There were 10 homes sold in Cherryville in March 2020.
The median sales tax in Cherryville for the most recent year with available data, 2019, was $1,266, approximately 1.5% of the median home sale price for March 2021.
The following table compares Cherryville to other Gaston County cities with similar median sale prices in March 2021:
| City | Mar. 2021 Home Sales | Mar. 2020 Home Sales | % change (Total Home Sales) | Mar. 2021 Median Sales Price | Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Goshen Grove | 1 | 0 | - | $200,000 | $0 | - |
| Springdale | 3 | 2 | 50% | $192,000 | $227,500 | -15.6% |
| Stanley | 14 | 15 | -6.7% | $186,500 | $155,000 | 20.3% |
| Gastonia | 146 | 127 | 15% | $184,500 | $179,000 | 3.1% |
| Bessemer City | 16 | 11 | 45.5% | $178,500 | $128,000 | 39.5% |
| Dallas | 21 | 21 | 0% | $175,000 | $125,000 | 40% |
| North Belmont | 2 | 1 | 100% | $160,000 | $125,000 | 28% |
| Vinton Woods | 2 | 1 | 100% | $130,500 | $210,000 | -37.9% |
| South Gastonia | 3 | 1 | 200% | $117,000 | $80,000 | 46.3% |
| Cherryville | 14 | 10 | 40% | $83,750 | $131,250 | -36.2% |
| High Shoals | 2 | 0 | - | $54,500 | $0 | - |
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