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Sunday, November 24, 2024

Median home prices in Matthews rose to $627,000 in January 2021

Realestate077

The median sale price of a home sold in January 2021 in Matthews rose by $285,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2021, there were two homes sold, with a median sale price of $627,000 - a 83.3% increase over the $342,000 median sale price for the same period of the previous year. There were three homes sold in Matthews in January 2020.

The median sales tax in Matthews for the most recent year with available data, 2019, was $2,181, approximately 0.3% of the median home sale price for January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Marvin23-33.3%$796,500$597,00033.4%
Weddington8560%$690,000$649,0006.3%
Matthews23-33.3%$627,000$342,00083.3%
Waxhaw2536-30.6%$443,000$353,50025.3%
Wesley Chapel78-12.5%$433,000$434,500-0.3%
Fairview3250%$421,000$468,500-10.1%
Mineral Springs30-$400,000$0-
Stallings1018-44.4%$326,750$295,50010.6%
Indian Trail2434-29.4%$324,000$291,25011.2%
Monroe322910.3%$260,000$218,00019.3%
Unionville26-66.7%$255,000$310,000-17.7%

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