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Friday, November 1, 2024

Waxhaw median home prices rose by 23.3% in July 2021

Realestate2

The median sale price of a home sold in July 2021 in Waxhaw rose by $100,000 while total sales increased by 102.4%, according to BlockShopper.com.

In July 2021, there were 85 homes sold, with a median sale price of $530,000 - a 23.3% increase over the $430,000 median sale price for the same period of the previous year. There were 42 homes sold in Waxhaw in July 2020.

The median sales tax in Waxhaw for the most recent year with available data, 2019, was $2,503, approximately 0.5% of the median home sale price for July 2021.

The following table compares Waxhaw to other Union County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Weddington161233.3%$937,000$768,00022%
Marvin104150%$841,250$726,50015.8%
Matthews12-50%$770,000$471,25063.4%
Wesley Chapel11683.3%$605,000$470,00028.7%
Waxhaw8542102.4%$530,000$430,00023.3%
Mint Hill30-$450,000$0-
Fairview220%$448,750$637,500-29.6%
Indian Trail7334114.7%$376,000$261,00044.1%
Stallings241384.6%$338,500$305,00011%
Hemby Bridge10-$328,000$0-
Lake Park41300%$302,000$192,50056.9%

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