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Wednesday, November 6, 2024

Waxhaw home prices rose in February 2020

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The median sale price of a home sold in February 2020 in Waxhaw rose by $31,000 while total sales increased by 29.4%, according to BlockShopper.com.

In February 2020, there were 44 homes sold, with a median sale price of $357,000 - a 9.5% increase over the $326,000 median sale price for the same period of the previous year. There were 34 homes sold in Waxhaw in February 2019.

The median sales tax in Waxhaw for the most recent year with available data, 2019, was $2,503, approximately 0.7% of the median home sale price for February 2020.

The following table compares Waxhaw 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)
Marvin63100%$611,250$450,00035.8%
Weddington47-42.9%$473,000$750,000-36.9%
Matthews20-$425,500$0-
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%

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