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Friday, November 22, 2024

Pineville median home prices rose by 17.8% in the third quarter of 2021

Realestate2

The median sale price of a home sold in the third quarter of 2021 in Pineville rose by $46,500 while total sales increased by 10.3%, according to BlockShopper.com.

From July through September of 2021, there were 64 homes sold, with a median sale price of $307,500 - a 17.8% increase over the $261,000 median sale price for the same period of the previous year. There were 58 homes sold in Pineville in the third quarter of 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 the third quarter of 2021.

The following table compares Pineville to other Mecklenburg County cities in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Stallings12-50%$577,000$376,00053.5%
Davidson111139-20.1%$535,000$455,00017.6%
Huntersville414473-12.5%$400,000$335,00019.4%
Cornelius272321-15.3%$395,000$323,00022.3%
Matthews1681623.7%$382,500$313,00022.2%
Mint Hill18315915.1%$380,000$325,00016.9%
Charlotte5,6505,09310.9%$311,000$260,00019.6%
Pineville645810.3%$307,500$261,00017.8%
Wildwoods5425%$250,000$193,00029.5%

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