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Monday, November 25, 2024

What happened to the median home price in Marshville during December 2019?

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The median sale price of a home sold in December 2019 in Marshville rose by $3,250 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

In December 2019, there were eight homes sold, with a median sale price of $155,000 - a 2.1% increase over the $151,750 median sale price for the same period of the previous year. There were eight homes sold in Marshville in December 2018, as well.

The median sales tax in Marshville for 2019 was $1,110. In 2018, the median sales tax was $1,108. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares Marshville 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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