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Tuesday, December 24, 2024

July 2020: Marshville experienced a 3% increase in median home prices

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The median sale price of a home sold in July 2020 in Marshville rose by $6,500 while total sales increased by 20%, according to BlockShopper.com.

In July 2020, there were six homes sold, with a median sale price of $224,000 - a 3% increase over the $217,500 median sale price for the same period of the previous year. There were five homes sold in Marshville in July 2019.

The median sales tax in Marshville for the most recent year with available data, 2019, was $1,110, approximately 0.5% of the median home sale price for July 2020.

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

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Matthews23-33.3%$471,250$245,00092.3%
Wesley Chapel622-72.7%$470,000$415,00013.3%
Waxhaw4281-48.1%$430,000$450,000-4.4%
Stallings1320-35%$305,000$281,2508.4%
Wingate24-50%$277,500$177,50056.3%
Indian Trail3464-46.9%$261,000$265,000-1.5%
Unionville23-33.3%$248,250$215,00015.5%
Mineral Springs12-50%$235,000$171,50037%
Monroe2463-61.9%$233,250$215,0008.5%
Marshville6520%$224,000$217,5003%
Lake Park16-83.3%$192,500$198,500-3%

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