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Tuesday, November 5, 2024

June 2021: Lake Park experienced a 14.8% increase in median home prices

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The median sale price of a home sold in June 2021 in Lake Park rose by $42,250 while total sales increased by 50%, according to BlockShopper.com.

In June 2021, there were three homes sold, with a median sale price of $327,000 - a 14.8% increase over the $284,750 median sale price for the same period of the previous year. There were two homes sold in Lake Park in June 2020.

The median sales tax in Lake Park for the most recent year with available data, 2019, was $1,304, approximately 0.4% of the median home sale price for June 2021.

The following table compares Lake Park to other Union County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Mint Hill21100%$540,000$339,00059.3%
Waxhaw10440160%$537,500$483,75011.1%
Fairview21100%$532,000$225,500135.9%
Wesley Chapel9728.6%$511,000$402,00027.1%
Stallings1314-7.1%$379,500$288,75031.4%
Indian Trail6729131%$349,500$315,00011%
Lake Park3250%$327,000$284,75014.8%
Marshville81700%$303,500$6,0004958.3%
Monroe6925176%$280,000$235,00019.1%
Wingate42100%$260,000$216,25020.2%
Unionville51400%$225,000$520,000-56.7%

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