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South Mecklenburg News

Friday, November 22, 2024

The third quarter of 2021: Home prices in Matthews increased

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The median sale price of a home sold in the third quarter of 2021 in Matthews rose by $69,500 while total sales increased by 3.7%, according to BlockShopper.com.

From July through September of 2021, there were 168 homes sold, with a median sale price of $382,500 - a 22.2% increase over the $313,000 median sale price for the same period of the previous year. There were 162 homes sold in Matthews in the third quarter of 2020.

The median sales tax in Matthews for the most recent year with available data, 2019, was $2,484, approximately 0.6% of the median home sale price for the third quarter of 2021.

The following table compares Matthews 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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