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Friday, November 1, 2024

Matthews median home prices rose by 11% 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 Matthews rose by $32,000 while total sales decreased by 17.6%, according to BlockShopper.com.

From January through March of 2021, there were 98 homes sold, with a median sale price of $322,000 - a 11% increase over the $290,000 median sale price for the same period of the previous year. There were 119 homes sold in Matthews in the first quarter of 2020.

The median sales tax in Matthews for the most recent year with available data, 2019, was $2,484, approximately 0.8% of the median home sale price for the first quarter of 2021.

The following table compares Matthews to other Mecklenburg County cities 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)
Davidson8287-5.7%$467,500$365,00028.1%
Stallings50-$450,000$0-
Cornelius2122081.9%$341,000$287,00018.8%
Huntersville2922669.8%$326,750$297,5009.8%
Matthews98119-17.6%$322,000$290,00011%
Pineville554327.9%$315,000$269,00017.1%
Mint Hill1149915.2%$300,000$279,0007.5%
Charlotte3,9893,8972.4%$275,000$235,00017%
Wildwoods90-$225,000$0-

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