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Wednesday, November 6, 2024

Wingate home prices fell in July 2021

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The median sale price of a home sold in July 2021 in Wingate fell by $15,250 while total sales increased by 200%, according to BlockShopper.com.

In July 2021, there were six homes sold, with a median sale price of $262,250 - a 5.5% decrease over the $277,500 median sale price for the same period of the previous year. There were two homes sold in Wingate in July 2020.

The median sales tax in Wingate for the most recent year with available data, 2019, was $1,168, approximately 0.4% of the median home sale price for July 2021.

The following table compares Wingate to other Union County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Mint Hill30-$450,000$0-
Fairview220%$448,750$637,500-29.6%
Indian Trail7334114.7%$376,000$261,00044.1%
Stallings241384.6%$338,500$305,00011%
Hemby Bridge10-$328,000$0-
Lake Park41300%$302,000$192,50056.9%
Unionville62200%$298,500$248,25020.2%
Monroe6424166.7%$293,750$233,25025.9%
Wingate62200%$262,250$277,500-5.5%
Marshville7616.7%$259,000$224,00015.6%
Mineral Springs41300%$246,500$235,0004.9%

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