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Tuesday, November 5, 2024

Marshville median home prices fell by 5.8% in May 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in May 2020 in Marshville fell by $11,500 while total sales increased by 100%, according to BlockShopper.com.

In May 2020, there were 10 homes sold, with a median sale price of $187,500 - a 5.8% decrease over the $199,000 median sale price for the same period of the previous year. There were five homes sold in Marshville in May 2019.

The median sales tax in Marshville for the most recent year with available data, 2019, was $1,110, approximately 0.6% of the median home sale price for May 2020.

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

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Matthews440%$487,500$347,00040.5%
Waxhaw4561-26.2%$450,000$390,00015.4%
Wesley Chapel990%$420,000$410,0002.4%
Stallings1424-41.7%$315,000$267,50017.8%
Indian Trail4362-30.6%$262,000$278,750-6%
Monroe3355-40%$226,000$215,0005.1%
Fairview24-50%$218,500$320,000-31.7%
Unionville550%$205,000$259,000-20.8%
Marshville105100%$187,500$199,000-5.8%
Wingate4333.3%$175,750$205,500-14.5%
Mineral Springs23-33.3%$46,000$294,000-84.4%

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