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Monday, November 25, 2024

The second half of 2019: Home prices in Hemby Bridge fell

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The median sale price of a home sold in the second half of 2019 in Hemby Bridge fell by $6,000 while total sales decreased by 11.1%, according to BlockShopper.com.

From July through December of 2019, there were eight homes sold, with a median sale price of $194,000 - a 3% decrease over the $200,000 median sale price for the same period of the previous year. There were nine homes sold in Hemby Bridge in the second half of 2018.

The median sales tax in Hemby Bridge for 2019 was $941. In 2018, the median sales tax was $951. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.5%.

The following table compares Hemby Bridge to other Union County cities with similar median sale prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Unionville2644-40.9%$297,500$240,00024%
Matthews1113-15.4%$270,000$256,0005.5%
Stallings118149-20.8%$266,250$270,000-1.4%
Indian Trail316329-4%$265,000$245,0008.2%
Mineral Springs1623-30.4%$234,000$260,000-10%
Lake Park29283.6%$219,000$233,500-6.2%
Monroe316345-8.4%$215,000$195,00010.3%
Hemby Bridge89-11.1%$194,000$200,000-3%
Wingate2936-19.4%$190,000$150,00026.7%
Fairview1015-33.3%$182,000$227,500-20%
Marshville3043-30.2%$155,000$154,0000.6%

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