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Saturday, November 2, 2024

Falling home prices in Cramerton in February 2021

Realestate077

The median sale price of a home sold in February 2021 in Cramerton fell by $21,000 while total sales decreased by 60%, according to BlockShopper.com.

In February 2021, there were four homes sold, with a median sale price of $206,500 - a 9.2% decrease over the $227,500 median sale price for the same period of the previous year. There were 10 homes sold in Cramerton in February 2020.

The median sales tax in Cramerton for the most recent year with available data, 2019, was $2,360, approximately 1.1% of the median home sale price for February 2021.

The following table compares Cramerton 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)
Belmont20200%$270,500$232,00016.6%
Mount Holly241741.2%$257,750$210,00022.7%
Vinton Woods10-$232,000$0-
Cramerton410-60%$206,500$227,500-9.2%
Goshen Grove10-$205,000$0-
Dallas191526.7%$187,500$146,00028.4%
Lowell23-33.3%$182,500$219,000-16.7%
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-

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