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Monday, November 25, 2024

Unionville median home prices rose by 24% in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Unionville rose by $57,500 while total sales decreased by 40.9%, according to BlockShopper.com.

From July through December of 2019, there were 26 homes sold, with a median sale price of $297,500 - a 24% increase over the $240,000 median sale price for the same period of the previous year. There were 44 homes sold in Unionville in the second half of 2018.

The median sales tax in Unionville for 2019 was $1,462. In 2018, the median sales tax was $1,437. This marks an increase of 1.7%. 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 Unionville 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)
Marvin57537.5%$660,000$666,500-1%
Weddington7087-19.5%$650,000$600,0008.3%
Wesley Chapel4969-29%$425,000$395,0007.6%
Waxhaw330345-4.3%$403,750$360,00012.2%
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%

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