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Wednesday, November 6, 2024

What happened to the median home price in Marshville during the second quarter of 2021?

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The median sale price of a home sold in the second quarter of 2021 in Marshville rose by $47,500 while total sales remained unchanged with 23 homes sold, according to BlockShopper.com.

From April through June of 2021, there were 23 homes sold, with a median sale price of $227,500 - a 26.4% increase over the $180,000 median sale price for the same period of the previous year. There were 23 homes sold in Marshville in the second quarter of 2020, as well.

The median sales tax in Marshville for the most recent year with available data, 2019, was $1,110, approximately 0.5% of the median home sale price for the second quarter of 2021.

The following table compares Marshville to other Union County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Waxhaw22113168.7%$510,000$465,0009.7%
Fairview79-22.2%$405,000$362,00011.9%
Stallings513737.8%$356,000$315,00013%
Indian Trail15111531.3%$346,500$277,50024.9%
Hemby Bridge20-$307,000$0-
Lake Park11683.3%$295,000$262,00012.6%
Mineral Springs8560%$287,000$215,00033.5%
Monroe17410270.6%$274,750$222,50023.5%
Unionville198137.5%$245,000$280,500-12.7%
Wingate171241.7%$245,000$161,25051.9%
Marshville23230%$227,500$180,00026.4%

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