From January through December of 2019, there were 26 homes sold, with a median sale price of $285,500 - a 39.3% increase over the $205,000 median sale price for the previous year. There were 33 homes sold in Fairview in 2018.
The median sales tax in Fairview for 2019 was $1,741. In 2018, the median sales tax was $1,687. This marks an increase of 3.2%. 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 Fairview 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) |
---|---|---|---|---|---|---|
Weddington | 134 | 202 | -33.7% | $642,500 | $585,000 | 9.8% |
Wesley Chapel | 98 | 128 | -23.4% | $432,000 | $390,500 | 10.6% |
Mint Hill | 6 | 6 | 0% | $399,750 | $417,500 | -4.3% |
Waxhaw | 650 | 676 | -3.8% | $380,000 | $367,000 | 3.5% |
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% |