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Monday, November 25, 2024

Rising home prices in Stallings (Union County) in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Stallings in Union County rose by $10,250 while total sales increased by 10.2%, according to BlockShopper.com.

From October through December of 2019, there were 54 homes sold, with a median sale price of $257,250 - a 4.1% increase over the $247,000 median sale price for the same period of the previous year. There were 49 homes sold in Stallings in the fourth quarter of 2018.

The median sales tax in Stallings for 2019 was $2,133. In 2018, the median sales tax was $2,130. This marks an increase of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.8%.

The following table compares Stallings 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)
Wesley Chapel1522-31.8%$420,000$412,5001.8%
Waxhaw127129-1.6%$354,000$360,000-1.7%
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%
* This story only considers sales data for the part of Stallings that is in Union County.

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