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Wednesday, December 25, 2024

What happened to the median home price in Marvin during April 2021?

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The median sale price of a home sold in April 2021 in Marvin fell by $83,750 while total sales increased by 42.9%, according to BlockShopper.com.

In April 2021, there were 10 homes sold, with a median sale price of $746,250 - a 10.1% decrease over the $830,000 median sale price for the same period of the previous year. There were seven homes sold in Marvin in April 2020.

The median sales tax in Marvin for the most recent year with available data, 2019, was $4,484, approximately 0.6% of the median home sale price for April 2021.

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

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Weddington155200%$892,000$535,00066.7%
Marvin10742.9%$746,250$830,000-10.1%
Wesley Chapel69-33.3%$625,000$343,50082%
Waxhaw594628.3%$475,000$457,5003.8%
Indian Trail44432.3%$345,000$260,00032.7%
Stallings199111.1%$343,500$384,000-10.5%
Fairview36-50%$322,500$412,500-21.8%
Hemby Bridge20-$307,000$0-
Mineral Springs31200%$275,000$215,00027.9%
Lake Park6450%$274,500$256,0007.2%
Monroe554425%$270,000$210,50028.3%

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