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Wednesday, November 6, 2024

The first half of 2021: Home prices in Weddington (Union County) increased

Realestate077

The median sale price of a home sold in the first half of 2021 in Weddington in Union County rose by $218,750 while total sales increased by 110.5%, according to BlockShopper.com.

From January through June of 2021, there were 80 homes sold, with a median sale price of $835,500 - a 35.5% increase over the $616,750 median sale price for the same period of the previous year. There were 38 homes sold in Weddington in the first half of 2020.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.5% of the median home sale price for the first half of 2021.

The following table compares Weddington 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)
Weddington8038110.5%$835,500$616,75035.5%
Marvin453721.6%$825,000$648,00027.3%
Matthews1115-26.7%$535,000$480,00011.5%
Wesley Chapel41410%$510,000$420,00021.4%
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%
* This story only considers sales data for the part of Weddington that is in Union County.

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