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Wednesday, November 6, 2024

May 2021: Marshville experienced a 68% increase in median home prices

Realestate1

The median sale price of a home sold in May 2021 in Marshville rose by $127,500 while total sales decreased by 40%, according to BlockShopper.com.

In May 2021, there were six homes sold, with a median sale price of $315,000 - a 68% increase over the $187,500 median sale price for the same period of the previous year. There were 10 homes sold in Marshville in May 2020.

The median sales tax in Marshville for the most recent year with available data, 2019, was $1,110, approximately 0.4% of the median home sale price for May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Mint Hill10-$483,500$0-
Waxhaw584528.9%$478,750$450,0006.4%
Fairview220%$430,000$218,50096.8%
Stallings191435.7%$356,500$315,00013.2%
Indian Trail4043-7%$348,500$262,00033%
Marshville610-40%$315,000$187,50068%
Lake Park20-$301,000$0-
Mineral Springs3250%$299,000$46,000550%
Monroe503351.5%$268,000$226,00018.6%
Wingate84100%$253,750$175,75044.4%
Unionville115120%$249,000$205,00021.5%

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