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Tuesday, November 5, 2024

Wesley Chapel median home prices fell by 14% in September 2020

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The median sale price of a home sold in September 2020 in Wesley Chapel fell by $65,000 while total sales increased by 40%, according to BlockShopper.com.

In September 2020, there were seven homes sold, with a median sale price of $400,000 - a 14% decrease over the $465,000 median sale price for the same period of the previous year. There were five homes sold in Wesley Chapel in September 2019.

The median sales tax in Wesley Chapel for the most recent year with available data, 2019, was $2,590, approximately 0.6% of the median home sale price for September 2020.

The following table compares Wesley Chapel 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)
Marvin9812.5%$960,000$746,25028.6%
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%

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