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Wednesday, December 25, 2024

Home prices increased in Weddington (Union County) during July 2020

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The median sale price of a home sold in July 2020 in Weddington in Union County rose by $154,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In July 2020, there were 12 homes sold, with a median sale price of $768,000 - a 25.2% increase over the $613,500 median sale price for the same period of the previous year. There were 18 homes sold in Weddington in July 2019.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.5% of the median home sale price for July 2020.

The following table compares Weddington 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)
Weddington1218-33.3%$768,000$613,50025.2%
Marvin418-77.8%$726,500$697,5004.2%
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%
* This story only considers sales data for the part of Weddington that is in Union County.

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