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Saturday, November 23, 2024

How did home prices perform in Fairview during May 2021?

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The median sale price of a home sold in May 2021 in Fairview rose by $211,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May 2021, there were two homes sold, with a median sale price of $430,000 - a 96.8% increase over the $218,500 median sale price for the same period of the previous year. There were two homes sold in Fairview in May 2020, as well.

The median sales tax in Fairview for the most recent year with available data, 2019, was $1,741, approximately 0.4% of the median home sale price for May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Marvin131118.2%$825,000$620,00033.1%
Matthews440%$550,000$487,50012.8%
Wesley Chapel79-22.2%$515,000$420,00022.6%
Mint Hill10-$483,500$0-
Waxhaw584528.9%$478,750$450,0006.4%
Fairview220%$430,000$218,50096.8%
Stallings191435.7%$356,500$315,00013.2%
Indian Trail4043-7%$348,500$262,00033%
Marshville610-40%$315,000$187,50068%
Lake Park20-$301,000$0-
Mineral Springs3250%$299,000$46,000550%

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