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Thursday, November 7, 2024

Weddington (Union County) home prices rose in August 2020

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The median sale price of a home sold in August 2020 in Weddington in Union County rose by $90,250 while total sales decreased by 55.6%, according to BlockShopper.com.

In August 2020, there were eight homes sold, with a median sale price of $793,000 - a 12.8% increase over the $702,750 median sale price for the same period of the previous year. There were 18 homes sold in Weddington in August 2019.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.5% of the median home sale price for August 2020.

The following table compares Weddington 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)
Weddington818-55.6%$793,000$702,75012.8%
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%
* This story only considers sales data for the part of Weddington that is in Union County.

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