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Friday, November 1, 2024

How did home prices perform in Wingate during the first quarter of 2021?

Realestate077

The median sale price of a home sold in the first quarter of 2021 in Wingate rose by $52,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

From January through March of 2021, there were nine homes sold, with a median sale price of $225,000 - a 30.1% increase over the $173,000 median sale price for the same period of the previous year. There were nine homes sold in Wingate in the first quarter of 2020, as well.

The median sales tax in Wingate for the most recent year with available data, 2019, was $1,168, approximately 0.5% of the median home sale price for the first quarter of 2021.

The following table compares Wingate 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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