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Friday, November 1, 2024

What happened to the median home price in Hemby Bridge during the first quarter of 2021?

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The median sale price of a home sold in the first quarter of 2021 in Hemby Bridge rose by $45,250 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2021, there were three homes sold, with a median sale price of $296,000 - a 18% increase over the $250,750 median sale price for the same period of the previous year. There were two homes sold in Hemby Bridge in the first quarter of 2020.

The median sales tax in Hemby Bridge for the most recent year with available data, 2019, was $941, approximately 0.3% of the median home sale price for the first quarter of 2021.

The following table compares Hemby Bridge 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)
Waxhaw113132-14.4%$421,500$358,50017.6%
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%

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