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Sunday, May 5, 2024

November 2017: Home prices in Wesley Chapel increased

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The median sale price of a home sold in November 2017 in Wesley Chapel rose by $19,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In November 2017, there were six homes sold, with a median sale price of $375,000 - a 5.5% increase over the $355,500 median sale price for the same period of the previous year. There were seven homes sold in Wesley Chapel in November 2016.

The median sales tax in Wesley Chapel for 2017 was $2,712. In 2016, the median sales tax was $2,628. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares Wesley Chapel 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)
Marvin27-71.4%$791,000$580,00036.4%
Weddington711-36.4%$429,500$510,000-15.8%
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%

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