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Saturday, December 28, 2024

Pricing for the median home in Hemby Bridge increased during the first half of 2021

Re 9

The median sale price of a home sold in the first half of 2021 in Hemby Bridge rose by $45,250 while total sales increased by 150%, according to BlockShopper.com.

From January through June of 2021, there were five 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 half 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 half of 2021.

The following table compares Hemby Bridge 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)
Mint Hill330%$510,000$278,00083.5%
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%

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