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Wednesday, November 6, 2024

Pricing for the median home in Cornelius increased during the second quarter of 2021

Realestate3

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Adobe Stock

The median sale price of a home sold in the second quarter of 2021 in Cornelius rose by $29,000 while total sales increased by 39.7%, according to BlockShopper.com.

From April through June of 2021, there were 264 homes sold, with a median sale price of $359,000 - a 8.8% increase over the $330,000 median sale price for the same period of the previous year. There were 189 homes sold in Cornelius in the second quarter of 2020.

The median sales tax in Cornelius for the most recent year with available data, 2019, was $2,527, approximately 0.7% of the median home sale price for the second quarter of 2021.

The following table compares Cornelius to other Mecklenburg County cities in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Stallings51400%$495,000$315,00057.1%
Davidson1128433.3%$472,500$390,50021%
Huntersville3683447%$364,750$320,00014%
Cornelius26418939.7%$359,000$330,0008.8%
Matthews14712319.5%$342,500$295,00016.1%
Mint Hill16612038.3%$328,750$286,00014.9%
Charlotte5,0483,69836.5%$307,000$260,00018.1%
Pineville564136.6%$275,500$260,0006%
Wildwoods62200%$229,250$209,0009.7%

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