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Thursday, November 7, 2024

August 2021: Wingate experienced a 22.6% increase in median home prices

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The median sale price of a home sold in August 2021 in Wingate rose by $43,000 while total sales decreased by 20%, according to BlockShopper.com.

In August 2021, there were four homes sold, with a median sale price of $233,000 - a 22.6% increase over the $190,000 median sale price for the same period of the previous year. There were five homes sold in Wingate in August 2020.

The median sales tax in Wingate for the most recent year with available data, 2019, was $1,168, approximately 0.5% of the median home sale price for August 2021.

The following table compares Wingate to other Union County cities in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Marvin28-75%$967,500$620,50055.9%
Waxhaw1330-56.7%$560,000$480,50016.5%
Weddington28-75%$500,000$793,000-36.9%
Mint Hill10-$489,000$0-
Stallings990%$405,000$300,00035%
Indian Trail1121-47.6%$380,000$292,00030.1%
Lake Park20-$305,250$0-
Monroe281947.4%$269,000$220,50022%
Wingate45-20%$233,000$190,00022.6%
Marshville25-60%$165,000$198,500-16.9%
Unionville01-100%$0$295,000-100%
Hemby Bridge00-$0$0-
Wesley Chapel05-100%$0$385,000-100%
Matthews00-$0$0-
Mineral Springs01-100%$0$475,000-100%
Fairview02-100%$0$81,250-100%

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