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Saturday, December 28, 2024

Pricing for the median home in Midland (Cabarrus County) increased during June 2021

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The median sale price of a home sold in June 2021 in Midland in Cabarrus County rose by $141,000 while total sales increased by 66.7%, according to BlockShopper.com.

In June 2021, there were 15 homes sold, with a median sale price of $270,000 - a 109.3% increase over the $129,000 median sale price for the same period of the previous year. There were nine homes sold in Midland in June 2020.

The median sales tax in Midland for the most recent year with available data, 2019, was $1,244, approximately 0.5% of the median home sale price for June 2021.

The following table compares Midland to other Cabarrus County cities in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Harrisburg583093.3%$347,500$296,75017.1%
Locust60-$314,750$0-
Concord30721145.5%$280,000$237,00018.1%
Midland15966.7%$270,000$129,000109.3%
Mount Pleasant67-14.3%$255,000$280,000-8.9%
Charlotte5366.7%$246,000$330,000-25.5%
Kannapolis1096762.7%$215,000$182,00018.1%
Fisher Town31200%$145,000$10,0001350%
* This story only considers sales data for the part of Midland that is in Cabarrus County.

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