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Tuesday, November 5, 2024

Wingate median home prices fell by 46.9% in September 2019

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The median sale price of a home sold in September 2019 in Wingate fell by $75,000 while total sales decreased by 40%, according to BlockShopper.com.

In September 2019, there were three homes sold, with a median sale price of $85,000 - a 46.9% decrease over the $160,000 median sale price for the same period of the previous year. There were five homes sold in Wingate in September 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 1.4%.

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

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Waxhaw533647.2%$399,500$314,00027.2%
Matthews45-20%$341,000$256,00033.2%
Unionville18-87.5%$312,500$248,75025.6%
Stallings1925-24%$301,500$245,00023.1%
Indian Trail4153-22.6%$260,000$230,00013%
Monroe4859-18.6%$247,500$180,00037.5%
Lake Park6450%$243,500$217,75011.8%
Mineral Springs42100%$224,500$247,500-9.3%
Marshville6520%$169,250$141,50019.6%
Hemby Bridge10-$163,000$0-
Wingate35-40%$85,000$160,000-46.9%

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