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Monday, November 25, 2024

What happened to the median home price in Hemby Bridge during the fourth quarter of 2019?

Realestate4

The median sale price of a home sold in the fourth quarter of 2019 in Hemby Bridge fell by $12,000 while total sales increased by 100%, according to BlockShopper.com.

From October through December of 2019, there were six homes sold, with a median sale price of $208,000 - a 5.5% decrease over the $220,000 median sale price for the same period of the previous year. There were three homes sold in Hemby Bridge in the fourth quarter of 2018.

The median sales tax in Hemby Bridge for 2019 was $941. In 2018, the median sales tax was $951. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.5%.

The following table compares Hemby Bridge to other Union County cities with similar median sale prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Unionville1517-11.8%$275,000$232,00018.5%
Matthews14-75%$275,000$277,000-0.7%
Indian Trail14711626.7%$265,000$249,0006.4%
Stallings544910.2%$257,250$247,0004.1%
Mineral Springs610-40%$253,000$336,500-24.8%
Monroe1391371.5%$211,500$197,0007.4%
Lake Park13944.4%$210,000$238,500-11.9%
Hemby Bridge63100%$208,000$220,000-5.5%
Wingate1618-11.1%$203,000$137,50047.6%
Marshville18180%$150,000$148,5001%
Fairview7540%$130,000$315,000-58.7%

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