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Wednesday, December 25, 2024

Rising home prices in Midland (Cabarrus County) in April 2021

Realestate4

The median sale price of a home sold in April 2021 in Midland in Cabarrus County rose by $44,500 while total sales increased by 57.1%, according to BlockShopper.com.

In April 2021, there were 11 homes sold, with a median sale price of $280,000 - a 18.9% increase over the $235,500 median sale price for the same period of the previous year. There were seven homes sold in Midland in April 2020.

The median sales tax in Midland for the most recent year with available data, 2019, was $1,244, approximately 0.4% of the median home sale price for April 2021.

The following table compares Midland to other Cabarrus County cities 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)
Harrisburg402653.8%$352,500$320,00010.2%
Locust73133.3%$285,500$293,000-2.6%
Midland11757.1%$280,000$235,50018.9%
Charlotte34-25%$266,000$216,50022.9%
Mount Pleasant440%$257,500$277,500-7.2%
Concord24917244.8%$257,000$225,00014.2%
Kannapolis1006749.3%$216,500$168,00028.9%
Fisher Town10-$90,000$0-
* This story only considers sales data for the part of Midland that is in Cabarrus County.

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