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Thursday, December 26, 2024

April 2021: Weddington (Union County) experienced a 66.7% increase in median home prices

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The median sale price of a home sold in April 2021 in Weddington in Union County rose by $357,000 while total sales increased by 200%, according to BlockShopper.com.

In April 2021, there were 15 homes sold, with a median sale price of $892,000 - a 66.7% increase over the $535,000 median sale price for the same period of the previous year. There were five homes sold in Weddington in April 2020.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.4% of the median home sale price for April 2021.

The following table compares Weddington 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%
* This story only considers sales data for the part of Weddington that is in Union County.

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