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Saturday, May 18, 2024

Median home prices in Fairview fell to $104,750 in September 2017

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The median sale price of a home sold in September 2017 in Fairview fell by $29,750 while total sales increased by 100%, according to BlockShopper.com.

In September 2017, there were four homes sold, with a median sale price of $104,750 - a 22.1% decrease over the $134,500 median sale price for the same period of the previous year. There were two homes sold in Fairview in September 2016.

The median sales tax in Fairview for 2017 was $1,779. In 2016, the median sales tax was $1,679. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Mint Hill10-$333,000$0-
Mineral Springs6450%$323,500$280,75015.2%
Matthews25-60%$320,250$232,50037.7%
Unionville36-50%$265,000$263,2500.7%
Stallings1635-54.3%$261,500$244,0007.2%
Marshville440%$250,000$150,00066.7%
Indian Trail5577-28.6%$245,000$225,0008.9%
Lake Park14-75%$235,000$162,00045.1%
Monroe5565-15.4%$190,000$170,00011.8%
Wingate660%$165,500$148,50011.4%
Fairview42100%$104,750$134,500-22.1%

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