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Thursday, October 31, 2024

Mount Holly median home prices rose by 17.4% in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Mount Holly rose by $37,250 while total sales increased by 40.7%, according to BlockShopper.com.

From January through March of 2021, there were 76 homes sold, with a median sale price of $250,750 - a 17.4% increase over the $213,500 median sale price for the same period of the previous year. There were 54 homes sold in Mount Holly in the first quarter of 2020.

The median sales tax in Mount Holly for the most recent year with available data, 2019, was $2,299, approximately 0.9% of the median home sale price for the first quarter of 2021.

The following table compares Mount Holly to other Gaston County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
McAdenville3250%$335,000$216,00055.1%
Ashebrook Park23-33.3%$280,500$166,00069%
Belmont7290-20%$257,000$268,250-4.2%
Mount Holly765440.7%$250,750$213,50017.4%
Lowell161145.5%$226,000$140,00061.4%
Cramerton21205%$225,000$293,500-23.3%
Goshen Grove20-$202,500$0-
Bessemer City423810.5%$178,500$122,75045.4%
Stanley423520%$177,500$155,00014.5%
Dallas53498.2%$175,000$142,00023.2%
Gastonia39934416%$175,000$160,5009%

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