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Tuesday, November 5, 2024

How did home prices perform in Waxhaw during October 2020?

Realestate3

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Adobe Stock

The median sale price of a home sold in October 2020 in Waxhaw rose by $154,500 while total sales decreased by 32.1%, according to BlockShopper.com.

In October 2020, there were 36 homes sold, with a median sale price of $507,500 - a 43.8% increase over the $353,000 median sale price for the same period of the previous year. There were 53 homes sold in Waxhaw in October 2019.

The median sales tax in Waxhaw for the most recent year with available data, 2019, was $2,503, approximately 0.5% of the median home sale price for October 2020.

The following table compares Waxhaw to other Union County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Matthews110%$925,000$275,000236.4%
Marvin79-22.2%$850,000$651,00030.6%
Weddington39-66.7%$641,500$660,000-2.8%
Mineral Springs21100%$542,500$268,000102.4%
Wesley Chapel34-25%$515,000$426,50020.8%
Waxhaw3653-32.1%$507,500$353,00043.8%
Unionville27-71.4%$437,500$270,00062%
Fairview3250%$320,000$110,000190.9%
Stallings1419-26.3%$301,000$260,00015.8%
Indian Trail2859-52.5%$277,500$268,0003.5%
Monroe2649-46.9%$245,000$210,00016.7%

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