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Thursday, November 7, 2024

What happened to the median home price in Wingate during August 2020?

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The median sale price of a home sold in August 2020 in Wingate rose by $1,000 while total sales decreased by 16.7%, according to BlockShopper.com.

In August 2020, there were five homes sold, with a median sale price of $190,000 - a 0.5% increase over the $189,000 median sale price for the same period of the previous year. There were six homes sold in Wingate in August 2019.

The median sales tax in Wingate for the most recent year with available data, 2019, was $1,168, approximately 0.6% of the median home sale price for August 2020.

The following table compares Wingate to other Union County cities with similar median sale prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Marvin811-27.3%$620,500$565,0009.8%
Waxhaw3069-56.5%$480,500$442,0008.7%
Mineral Springs14-75%$475,000$382,50024.2%
Wesley Chapel57-28.6%$385,000$495,000-22.2%
Stallings925-64%$300,000$267,00012.4%
Unionville17-85.7%$295,000$382,000-22.8%
Indian Trail2164-67.2%$292,000$254,50014.7%
Monroe1966-71.2%$220,500$208,5005.8%
Marshville51400%$198,500$120,00065.4%
Wingate56-16.7%$190,000$189,0000.5%
Fairview21100%$81,250$175,000-53.6%

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