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Tuesday, November 5, 2024

September 2020: Lake Park experienced a 0.4% drop in median home prices

Realestate2

The median sale price of a home sold in September 2020 in Lake Park fell by $1,000 while total sales decreased by 66.7%, according to BlockShopper.com.

In September 2020, there were two homes sold, with a median sale price of $242,500 - a 0.4% decrease over the $243,500 median sale price for the same period of the previous year. There were six homes sold in Lake Park in September 2019.

The median sales tax in Lake Park for the most recent year with available data, 2019, was $1,304, approximately 0.5% of the median home sale price for September 2020.

The following table compares Lake Park to other Union County cities with similar median sale prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Weddington312-75%$545,000$608,500-10.4%
Fairview10-$510,000$0-
Waxhaw4553-15.1%$450,000$399,50012.6%
Matthews440%$419,000$341,00022.9%
Wesley Chapel7540%$400,000$465,000-14%
Stallings819-57.9%$314,250$301,5004.2%
Indian Trail1741-58.5%$292,500$260,00012.5%
Marshville26-66.7%$279,500$169,25065.1%
Unionville21100%$270,000$312,500-13.6%
Lake Park26-66.7%$242,500$243,500-0.4%
Monroe2448-50%$239,500$247,500-3.2%

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