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Tuesday, November 5, 2024

October 2020: Home prices in Weddington (Union County) fell

Realestate077

The median sale price of a home sold in October 2020 in Weddington in Union County fell by $18,500 while total sales decreased by 66.7%, according to BlockShopper.com.

In October 2020, there were three homes sold, with a median sale price of $641,500 - a 2.8% decrease over the $660,000 median sale price for the same period of the previous year. There were nine homes sold in Weddington in October 2019.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.6% of the median home sale price for October 2020.

The following table compares Weddington 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%
* This story only considers sales data for the part of Weddington that is in Union County.

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