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Saturday, November 16, 2024

What happened to the median home price in Waxhaw during September 2020?

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The median sale price of a home sold in September 2020 in Waxhaw rose by $50,500 while total sales decreased by 15.1%, according to BlockShopper.com.

In September 2020, there were 45 homes sold, with a median sale price of $450,000 - a 12.6% increase over the $399,500 median sale price for the same period of the previous year. There were 53 homes sold in Waxhaw in September 2019.

The median sales tax in Waxhaw for the most recent year with available data, 2019, was $2,503, approximately 0.6% of the median home sale price for September 2020.

The following table compares Waxhaw to other Union County cities with similar median sale prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Marvin9812.5%$960,000$746,25028.6%
Weddington312-75%$545,000$608,500-10.4%
Fairview10-$510,000$0-
Waxhaw4553-15.1%$450,000$399,50012.6%
Matthews440%$419,000$341,00022.9%
Wesley Chapel7540%$400,000$465,000-14%
Stallings819-57.9%$314,250$301,5004.2%
Indian Trail1741-58.5%$292,500$260,00012.5%
Marshville26-66.7%$279,500$169,25065.1%
Unionville21100%$270,000$312,500-13.6%
Lake Park26-66.7%$242,500$243,500-0.4%

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