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Wednesday, November 6, 2024

Rising home prices in Charlotte in November 2021

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The median sale price of a home sold in November 2021 in Charlotte rose by $114,500 while total sales increased by 66.7%, according to BlockShopper.com.

In November 2021, there were five homes sold, with a median sale price of $291,500 - a 64.7% increase over the $177,000 median sale price for the same period of the previous year. There were three homes sold in Charlotte in November 2020.

The median sales tax in Charlotte for the most recent year with available data, 2019, was $1,243, approximately 0.4% of the median home sale price for November 2021.

The following table compares Charlotte to other Cabarrus County cities in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Harrisburg422850%$387,500$337,75014.7%
Midland241384.6%$355,000$69,000414.5%
Mount Pleasant8560%$301,000$250,00020.4%
Concord25120920.1%$295,000$248,00019%
Charlotte5366.7%$291,500$177,00064.7%
Kannapolis97101-4%$265,500$183,00045.1%
Locust13-66.7%$100,000$326,000-69.3%
Fisher Town00-$0$0-

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