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Monday, November 25, 2024

Pricing for the median home in Wingate increased during December 2019

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The median sale price of a home sold in December 2019 in Wingate rose by $11,500 while total sales decreased by 77.8%, according to BlockShopper.com.

In December 2019, there were two homes sold, with a median sale price of $101,500 - a 12.8% increase over the $90,000 median sale price for the same period of the previous year. There were nine homes sold in Wingate in December 2018.

The median sales tax in Wingate for 2019 was $1,168. In 2018, the median sales tax was $1,169. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Wingate to other Union County cities with similar median sale prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Fairview220%$480,000$308,75055.5%
Waxhaw35350%$455,000$395,00015.2%
Wesley Chapel8560%$420,000$415,0001.2%
Unionville42100%$297,500$262,50013.3%
Indian Trail403514.3%$259,250$205,00026.5%
Stallings211631.3%$252,500$295,000-14.4%
Mineral Springs36-50%$238,000$405,000-41.2%
Monroe393318.2%$221,000$200,00010.5%
Lake Park220%$207,000$230,750-10.3%
Marshville880%$155,000$151,7502.1%
Wingate29-77.8%$101,500$90,00012.8%

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