In October 2017, there were nine homes sold, with a median sale price of $360,000 - a 18.4% decrease over the $441,000 median sale price for the same period of the previous year. There were 17 homes sold in Wesley Chapel in October 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 0.8%.
The following table compares Wesley Chapel to other Union County cities with similar median sale prices in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Marvin | 7 | 8 | -12.5% | $682,500 | $445,000 | 53.4% |
| Weddington | 10 | 16 | -37.5% | $522,250 | $625,250 | -16.5% |
| Matthews | 2 | 0 | - | $472,500 | $0 | - |
| Wesley Chapel | 9 | 17 | -47.1% | $360,000 | $441,000 | -18.4% |
| Waxhaw | 52 | 62 | -16.1% | $341,500 | $330,500 | 3.3% |
| Fairview | 1 | 3 | -66.7% | $325,000 | $449,500 | -27.7% |
| Stallings | 26 | 18 | 44.4% | $278,500 | $251,500 | 10.7% |
| Unionville | 6 | 7 | -14.3% | $247,500 | $180,000 | 37.5% |
| Lake Park | 7 | 10 | -30% | $235,000 | $202,500 | 16% |
| Indian Trail | 44 | 64 | -31.3% | $230,000 | $243,000 | -5.3% |
| Mint Hill | 2 | 0 | - | $226,250 | $0 | - |
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