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Thursday, November 7, 2024

Weddington (Union County) median home prices fell by 36.9% in August 2021

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The median sale price of a home sold in August 2021 in Weddington in Union County fell by $293,000 while total sales decreased by 75%, according to BlockShopper.com.

In August 2021, there were two homes sold, with a median sale price of $500,000 - a 36.9% decrease over the $793,000 median sale price for the same period of the previous year. There were eight homes sold in Weddington in August 2020.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.8% of the median home sale price for August 2021.

The following table compares Weddington 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%
* This story only considers sales data for the part of Weddington that is in Union County.

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