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Tuesday, November 5, 2024

Wesley Chapel home prices rose in October 2020

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The median sale price of a home sold in October 2020 in Wesley Chapel rose by $88,500 while total sales decreased by 25%, according to BlockShopper.com.

In October 2020, there were three homes sold, with a median sale price of $515,000 - a 20.8% increase over the $426,500 median sale price for the same period of the previous year. There were four homes sold in Wesley Chapel in October 2019.

The median sales tax in Wesley Chapel for the most recent year with available data, 2019, was $2,590, approximately 0.5% of the median home sale price for October 2020.

The following table compares Wesley Chapel 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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