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Wednesday, November 6, 2024

Median home prices in Wesley Chapel fell to $266,000 in February 2020

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The median sale price of a home sold in February 2020 in Wesley Chapel fell by $70,000 while total sales decreased by 20%, according to BlockShopper.com.

In February 2020, there were four homes sold, with a median sale price of $266,000 - a 20.8% decrease over the $336,000 median sale price for the same period of the previous year. There were five homes sold in Wesley Chapel in February 2019.

The median sales tax in Wesley Chapel for the most recent year with available data, 2019, was $2,590, approximately 1% of the median home sale price for February 2020.

The following table compares Wesley Chapel to other Union County cities with similar median sale prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Waxhaw443429.4%$357,000$326,0009.5%
Stallings115120%$305,000$258,00018.2%
Indian Trail433330.3%$280,000$253,50010.5%
Mint Hill110%$278,000$403,000-31%
Lake Park26-66.7%$276,750$257,2507.6%
Wesley Chapel45-20%$266,000$336,000-20.8%
Monroe42405%$245,250$187,50030.8%
Unionville23-33.3%$180,000$300,000-40%
Marshville5366.7%$161,500$132,00022.3%
Mineral Springs110%$28,000$409,000-93.2%
Wingate13-66.7%$21,000$183,000-88.5%

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