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Tuesday, November 5, 2024

November 2020: Fairview experienced a 345% increase in median home prices

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The median sale price of a home sold in November 2020 in Fairview rose by $431,250 while total sales decreased by 33.3%, according to BlockShopper.com.

In November 2020, there were two homes sold, with a median sale price of $556,250 - a 345% increase over the $125,000 median sale price for the same period of the previous year. There were three homes sold in Fairview in November 2019.

The median sales tax in Fairview for the most recent year with available data, 2019, was $1,741, approximately 0.3% of the median home sale price for November 2020.

The following table compares Fairview to other Union County cities in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Marvin52150%$820,000$745,00010.1%
Wingate110-90%$562,000$196,000186.7%
Fairview23-33.3%$556,250$125,000345%
Weddington4333.3%$500,000$775,000-35.5%
Waxhaw2539-35.9%$439,000$325,00035.1%
Wesley Chapel63100%$435,000$735,000-40.8%
Stallings15147.1%$330,000$264,00025%
Indian Trail2148-56.3%$282,000$266,5005.8%
Monroe1851-64.7%$246,500$205,00020.2%
Unionville34-25%$215,000$296,500-27.5%
Mineral Springs220%$187,500$270,000-30.6%
Marshville08-100%$0$133,500-100%
Mint Hill00-$0$0-
Hemby Bridge01-100%$0$193,000-100%
Lake Park05-100%$0$210,000-100%
Matthews00-$0$0-

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