From January through March of 2021, there were six homes sold, with a median sale price of $411,500 - a 0.5% decrease over the $413,500 median sale price for the same period of the previous year. There were eight homes sold in Matthews in the first quarter of 2020.
The median sales tax in Matthews for the most recent year with available data, 2019, was $2,181, approximately 0.5% of the median home sale price for the first quarter of 2021.
The following table compares Matthews to other Union County cities with similar median sale prices in the first quarter of 2021:
| City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Marvin | 14 | 14 | 0% | $830,000 | $517,500 | 60.4% |
| Weddington | 30 | 21 | 42.9% | $732,250 | $600,000 | 22% |
| Wesley Chapel | 19 | 16 | 18.8% | $475,000 | $411,000 | 15.6% |
| Waxhaw | 113 | 132 | -14.4% | $421,500 | $358,500 | 17.6% |
| Matthews | 6 | 8 | -25% | $411,500 | $413,500 | -0.5% |
| Stallings | 33 | 49 | -32.7% | $326,000 | $295,000 | 10.5% |
| Indian Trail | 109 | 122 | -10.7% | $318,000 | $281,000 | 13.2% |
| Unionville | 9 | 13 | -30.8% | $310,000 | $255,000 | 21.6% |
| Hemby Bridge | 3 | 2 | 50% | $296,000 | $250,750 | 18% |
| Lake Park | 5 | 10 | -50% | $259,000 | $225,000 | 15.1% |
| Monroe | 126 | 119 | 5.9% | $250,000 | $232,000 | 7.8% |
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