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Sunday, May 5, 2024

Pricing for the median home in Marshville decreased during November 2017

Realestate3

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The median sale price of a home sold in November 2017 in Marshville fell by $25,500 while total sales increased by 50%, according to BlockShopper.com.

In November 2017, there were three homes sold, with a median sale price of $112,000 - a 18.5% decrease over the $137,500 median sale price for the same period of the previous year. There were two homes sold in Marshville in November 2016.

The median sales tax in Marshville for 2017 was $1,166. In 2016, the median sales tax was $1,140. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Marshville to other Union County cities with similar median sale prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Wesley Chapel67-14.3%$375,000$355,5005.5%
Waxhaw3955-29.1%$313,000$365,000-14.2%
Stallings251656.3%$283,000$158,75078.3%
Indian Trail4451-13.7%$263,500$224,00017.6%
Fairview220%$247,250$182,50035.5%
Lake Park660%$227,000$191,50018.5%
Monroe3557-38.6%$180,000$178,0001.1%
Unionville37-57.1%$165,000$260,000-36.5%
Wingate6520%$163,500$130,00025.8%
Mineral Springs61500%$154,500$436,000-64.6%
Marshville3250%$112,000$137,500-18.5%

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