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Tuesday, November 5, 2024

Waxhaw home prices rose in May 2021

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The median sale price of a home sold in May 2021 in Waxhaw rose by $28,750 while total sales increased by 28.9%, according to BlockShopper.com.

In May 2021, there were 58 homes sold, with a median sale price of $478,750 - a 6.4% increase over the $450,000 median sale price for the same period of the previous year. There were 45 homes sold in Waxhaw in May 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 May 2021.

The following table compares Waxhaw 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)
Weddington176183.3%$1,025,000$687,50049.1%
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-

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