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Tuesday, November 5, 2024

Pricing for the median home in Marvin increased during September 2020

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The median sale price of a home sold in September 2020 in Marvin rose by $213,750 while total sales increased by 12.5%, according to BlockShopper.com.

In September 2020, there were nine homes sold, with a median sale price of $960,000 - a 28.6% increase over the $746,250 median sale price for the same period of the previous year. There were eight homes sold in Marvin in September 2019.

The median sales tax in Marvin for the most recent year with available data, 2019, was $4,484, approximately 0.5% of the median home sale price for September 2020.

The following table compares Marvin 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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