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Sunday, May 5, 2024

Home prices increased in Marshville during October 2017

Realestate1

The median sale price of a home sold in October 2017 in Marshville rose by $79,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2017, there were two homes sold, with a median sale price of $164,000 - a 92.9% increase over the $85,000 median sale price for the same period of the previous year. There were three homes sold in Marshville in October 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 0.7%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Waxhaw5262-16.1%$341,500$330,5003.3%
Fairview13-66.7%$325,000$449,500-27.7%
Stallings261844.4%$278,500$251,50010.7%
Unionville67-14.3%$247,500$180,00037.5%
Lake Park710-30%$235,000$202,50016%
Indian Trail4464-31.3%$230,000$243,000-5.3%
Mint Hill20-$226,250$0-
Mineral Springs330%$200,000$382,000-47.6%
Monroe2955-47.3%$180,000$151,50018.8%
Marshville23-33.3%$164,000$85,00092.9%
Wingate73133.3%$142,000$99,00043.4%

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