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Tuesday, November 5, 2024

What happened to the median home price in Stallings (Union County) during the third quarter of 2019?

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The median sale price of a home sold in the third quarter of 2019 in Stallings in Union County rose by $9,750 while total sales decreased by 36%, according to BlockShopper.com.

From July through September of 2019, there were 64 homes sold, with a median sale price of $282,250 - a 3.6% increase over the $272,500 median sale price for the same period of the previous year. There were 100 homes sold in Stallings in the third 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 third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Marvin37348.8%$675,500$565,00019.6%
Weddington4866-27.3%$637,500$622,5002.4%
Wesley Chapel3447-27.7%$440,000$385,00014.3%
Waxhaw203216-6%$425,000$361,00017.7%
Unionville1127-59.3%$312,500$251,00024.5%
Stallings64100-36%$282,250$272,5003.6%
Matthews10911.1%$268,500$256,0004.9%
Indian Trail169213-20.7%$260,000$244,0006.6%
Lake Park1619-15.8%$235,000$229,0002.6%
Mineral Springs1013-23.1%$227,500$260,000-12.5%
Monroe177208-14.9%$216,000$188,25014.7%
* This story only considers sales data for the part of Stallings that is in Union County.

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