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Friday, November 1, 2024

Rising home prices in Wingate in March 2021

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The median sale price of a home sold in March 2021 in Wingate rose by $82,750 while total sales increased by 50%, according to BlockShopper.com.

In March 2021, there were six homes sold, with a median sale price of $237,500 - a 53.5% increase over the $154,750 median sale price for the same period of the previous year. There were four homes sold in Wingate in March 2020.

The median sales tax in Wingate for the most recent year with available data, 2019, was $1,168, approximately 0.5% of the median home sale price for March 2021.

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

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Matthews23-33.3%$357,000$586,000-39.1%
Stallings1620-20%$322,500$283,50013.8%
Hemby Bridge110%$310,500$309,5000.3%
Indian Trail574526.7%$304,000$268,50013.2%
Unionville45-20%$300,000$283,0006%
Lake Park4333.3%$268,750$230,00016.8%
Fairview31200%$250,000$235,0006.4%
Monroe644833.3%$242,500$226,7506.9%
Wingate6450%$237,500$154,75053.5%
Mineral Springs63100%$222,500$470,000-52.7%
Marshville67-14.3%$210,000$217,000-3.2%

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