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Wednesday, November 6, 2024

Mineral Springs home prices rose in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Mineral Springs rose by $12,500 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2021, there were 18 homes sold, with a median sale price of $275,000 - a 4.8% increase over the $262,500 median sale price for the same period of the previous year. There were nine homes sold in Mineral Springs in the first half of 2020.

The median sales tax in Mineral Springs for the most recent year with available data, 2019, was $1,226, approximately 0.4% of the median home sale price for the first half of 2021.

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

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Waxhaw33426327%$481,250$415,00016%
Fairview161233.3%$372,500$368,5001.1%
Stallings8486-2.3%$342,000$296,00015.5%
Indian Trail2602379.7%$335,000$279,00020.1%
Hemby Bridge52150%$296,000$250,75018%
Lake Park16160%$281,250$252,50011.4%
Mineral Springs189100%$275,000$262,5004.8%
Monroe30022135.7%$263,250$228,00015.5%
Unionville282133.3%$259,500$274,000-5.3%
Wingate262123.8%$237,750$163,50045.4%
Marshville41387.9%$227,500$180,00026.4%

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