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Tuesday, December 24, 2024

Wingate median home prices rose by 56.3% in July 2020

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The median sale price of a home sold in July 2020 in Wingate rose by $100,000 while total sales decreased by 50%, according to BlockShopper.com.

In July 2020, there were two homes sold, with a median sale price of $277,500 - a 56.3% increase over the $177,500 median sale price for the same period of the previous year. There were four homes sold in Wingate in July 2019.

The median sales tax in Wingate for the most recent year with available data, 2019, was $1,168, approximately 0.4% of the median home sale price for July 2020.

The following table compares Wingate 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)
Fairview220%$637,500$369,50072.5%
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%

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