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South Mecklenburg News

Monday, November 25, 2024

Charlotte median home prices rose by 14.8% in August 2021

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The median sale price of a home sold in August 2021 in Charlotte rose by $40,000 while total sales decreased by 17.6%, according to BlockShopper.com.

In August 2021, there were 1,300 homes sold, with a median sale price of $310,000 - a 14.8% increase over the $270,000 median sale price for the same period of the previous year. There were 1,578 homes sold in Charlotte in August 2020.

The median sales tax in Charlotte for the most recent year with available data, 2019, was $2,071, approximately 0.7% of the median home sale price for August 2021.

The following table compares Charlotte to other Mecklenburg County cities in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Davidson2454-55.6%$497,000$471,0005.5%
Matthews4355-21.8%$401,500$325,00023.5%
Mint Hill3948-18.8%$395,000$327,50020.6%
Huntersville109150-27.3%$388,000$337,00015.1%
Cornelius6196-36.5%$375,000$296,00026.7%
Pineville1522-31.8%$367,000$267,50037.2%
Charlotte1,3001,578-17.6%$310,000$270,00014.8%
Stallings00-$0$0-
Wildwoods02-100%$0$186,500-100%

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