From July through September of 2020, there were 21 homes sold, with a median sale price of $735,000 - a 8.8% increase over the $675,500 median sale price for the same period of the previous year. There were 37 homes sold in Marvin in the third quarter of 2019.
The median sales tax in Marvin for the most recent year with available data, 2019, was $4,484, approximately 0.6% of the median home sale price for the third quarter of 2020.
The following table compares Marvin to other Union County cities with similar median sale prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Weddington | 23 | 48 | -52.1% | $786,000 | $637,500 | 23.3% |
| Marvin | 21 | 37 | -43.2% | $735,000 | $675,500 | 8.8% |
| Fairview | 5 | 3 | 66.7% | $510,000 | $189,000 | 169.8% |
| Matthews | 6 | 10 | -40% | $455,000 | $268,500 | 69.5% |
| Waxhaw | 117 | 203 | -42.4% | $445,000 | $425,000 | 4.7% |
| Wesley Chapel | 18 | 34 | -47.1% | $427,500 | $440,000 | -2.8% |
| Mineral Springs | 2 | 10 | -80% | $355,000 | $227,500 | 56% |
| Stallings | 30 | 64 | -53.1% | $307,500 | $282,250 | 8.9% |
| Indian Trail | 72 | 169 | -57.4% | $288,500 | $260,000 | 11% |
| Unionville | 5 | 11 | -54.5% | $255,500 | $312,500 | -18.2% |
| Lake Park | 3 | 16 | -81.3% | $240,000 | $235,000 | 2.1% |
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