From January through December of 2019, there were 51 homes sold, with a median sale price of $219,000 - a 3.9% decrease over the $228,000 median sale price for the previous year. There were 65 homes sold in Lake Park in 2018.
The median sales tax in Lake Park for 2019 was $1,304. In 2018, the median sales tax was $1,301. This marks an increase of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.
The following table compares Lake Park to other Union County cities with similar median sale prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mineral Springs | 42 | 41 | 2.4% | $294,000 | $330,000 | -10.9% |
| Fairview | 26 | 33 | -21.2% | $285,500 | $205,000 | 39.3% |
| Matthews | 25 | 25 | 0% | $279,000 | $280,000 | -0.4% |
| Unionville | 48 | 85 | -43.5% | $277,500 | $235,000 | 18.1% |
| Stallings | 214 | 289 | -26% | $265,500 | $265,000 | 0.2% |
| Indian Trail | 592 | 649 | -8.8% | $262,750 | $246,000 | 6.8% |
| Lake Park | 51 | 65 | -21.5% | $219,000 | $228,000 | -3.9% |
| Monroe | 609 | 691 | -11.9% | $210,000 | $192,000 | 9.4% |
| Hemby Bridge | 10 | 22 | -54.5% | $209,000 | $204,250 | 2.3% |
| Wingate | 62 | 69 | -10.1% | $183,000 | $150,000 | 22% |
| Marshville | 52 | 93 | -44.1% | $150,000 | $154,000 | -2.6% |
Alerts Sign-up