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Friday, November 1, 2024

Rising home prices in Marshville in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Marshville rose by $35,500 while total sales increased by 20%, according to BlockShopper.com.

From January through March of 2021, there were 18 homes sold, with a median sale price of $212,500 - a 20.1% increase over the $177,000 median sale price for the same period of the previous year. There were 15 homes sold in Marshville in the first quarter of 2020.

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 first quarter of 2021.

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

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Matthews68-25%$411,500$413,500-0.5%
Stallings3349-32.7%$326,000$295,00010.5%
Indian Trail109122-10.7%$318,000$281,00013.2%
Unionville913-30.8%$310,000$255,00021.6%
Hemby Bridge3250%$296,000$250,75018%
Lake Park510-50%$259,000$225,00015.1%
Monroe1261195.9%$250,000$232,0007.8%
Fairview93200%$250,000$450,000-44.4%
Wingate990%$225,000$173,00030.1%
Mineral Springs104150%$222,500$366,250-39.2%
Marshville181520%$212,500$177,00020.1%

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