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Saturday, November 16, 2024

September 2020: Weddington (Union County) experienced a 10.4% drop in median home prices

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The median sale price of a home sold in September 2020 in Weddington in Union County fell by $63,500 while total sales decreased by 75%, according to BlockShopper.com.

In September 2020, there were three homes sold, with a median sale price of $545,000 - a 10.4% decrease over the $608,500 median sale price for the same period of the previous year. There were 12 homes sold in Weddington in September 2019.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.7% of the median home sale price for September 2020.

The following table compares Weddington 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%
* This story only considers sales data for the part of Weddington that is in Union County.

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