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Friday, September 20, 2024

What happened to the median home price in Pineville during May 2021?

Realestate5

The median sale price of a home sold in May 2021 in Pineville rose by $61,500 while total sales increased by 90%, according to BlockShopper.com.

In May 2021, there were 19 homes sold, with a median sale price of $330,000 - a 22.9% increase over the $268,500 median sale price for the same period of the previous year. There were 10 homes sold in Pineville in May 2020.

The median sales tax in Pineville for the most recent year with available data, 2019, was $1,931, approximately 0.6% of the median home sale price for May 2021.

The following table compares Pineville to other Mecklenburg County cities in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Davidson352259.1%$433,000$332,50030.2%
Cornelius885560%$380,000$295,00028.8%
Huntersville1208442.9%$365,000$287,00027.2%
Matthews412846.4%$350,000$300,00016.7%
Mint Hill683688.9%$339,750$242,50040.1%
Pineville191090%$330,000$268,50022.9%
Charlotte1,7191,04364.8%$308,000$250,00023.2%
Stallings00-$0$0-
Wildwoods02-100%$0$209,000-100%

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