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Saturday, November 2, 2024

Bessemer City home prices rose in February 2021

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The median sale price of a home sold in February 2021 in Bessemer City rose by $37,500 while total sales increased by 13.3%, according to BlockShopper.com.

In February 2021, there were 17 homes sold, with a median sale price of $145,000 - a 34.9% increase over the $107,500 median sale price for the same period of the previous year. There were 15 homes sold in Bessemer City in February 2020.

The median sales tax in Bessemer City for the most recent year with available data, 2019, was $1,113, approximately 0.8% of the median home sale price for February 2021.

The following table compares Bessemer City to other Gaston County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Stanley171241.7%$175,000$151,50015.5%
Gastonia14111819.5%$170,000$160,0006.3%
Cherryville196216.7%$160,000$50,500216.8%
Springdale10-$158,000$0-
Ranlo811-27.3%$153,750$178,000-13.6%
Bessemer City171513.3%$145,000$107,50034.9%
Fallcrest220%$120,000$112,5006.7%
Kings Mountain52150%$100,000$95,0005.3%
High Shoals21100%$98,250$65,00051.2%
West Cramerton30-$95,000$0-
Brown Town10-$25,000$0-

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