In July 2021, there were 17 homes sold, with a median sale price of $310,000 - a 24% increase over the $250,000 median sale price for the same period of the previous year. There were 18 homes sold in Midland in July 2020.
The median sales tax in Midland for the most recent year with available data, 2019, was $1,244, approximately 0.4% of the median home sale price for July 2021.
The following table compares Midland to other Cabarrus County cities in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harrisburg | 47 | 55 | -14.5% | $370,000 | $270,000 | 37% |
| Midland | 17 | 18 | -5.6% | $310,000 | $250,000 | 24% |
| Locust | 5 | 5 | 0% | $285,000 | $286,000 | -0.3% |
| Concord | 284 | 246 | 15.4% | $284,500 | $244,750 | 16.2% |
| Kannapolis | 119 | 114 | 4.4% | $241,000 | $179,500 | 34.3% |
| Charlotte | 6 | 3 | 100% | $224,500 | $208,000 | 7.9% |
| Mount Pleasant | 2 | 6 | -66.7% | $90,000 | $201,500 | -55.3% |
| Fisher Town | 0 | 1 | -100% | $0 | $144,000 | -100% |
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