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Friday, November 1, 2024

Rising home prices in Weddington (Union County) in March 2021

Realestate2

The median sale price of a home sold in March 2021 in Weddington in Union County rose by $234,000 while total sales remained unchanged with 12 homes sold, according to BlockShopper.com.

In March 2021, there were 12 homes sold, with a median sale price of $828,500 - a 39.4% increase over the $594,500 median sale price for the same period of the previous year. There were 12 homes sold in Weddington in March 2020, as well.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.5% of the median home sale price for March 2021.

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

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