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Friday, November 1, 2024

Median home prices in Marvin rose to $825,000 in March 2021

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The median sale price of a home sold in March 2021 in Marvin rose by $310,000 while total sales increased by 80%, according to BlockShopper.com.

In March 2021, there were nine homes sold, with a median sale price of $825,000 - a 60.2% increase over the $515,000 median sale price for the same period of the previous year. There were five homes sold in Marvin in March 2020.

The median sales tax in Marvin for the most recent year with available data, 2019, was $4,484, approximately 0.5% of the median home sale price for March 2021.

The following table compares Marvin 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)
Weddington12120%$828,500$594,50039.4%
Marvin9580%$825,000$515,00060.2%
Waxhaw54523.8%$470,000$360,00030.6%
Wesley Chapel5425%$462,000$458,0000.9%
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%

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