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Saturday, November 23, 2024

May 2021: Home prices in Wesley Chapel increased

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The median sale price of a home sold in May 2021 in Wesley Chapel rose by $95,000 while total sales decreased by 22.2%, according to BlockShopper.com.

In May 2021, there were seven homes sold, with a median sale price of $515,000 - a 22.6% increase over the $420,000 median sale price for the same period of the previous year. There were nine homes sold in Wesley Chapel in May 2020.

The median sales tax in Wesley Chapel for the most recent year with available data, 2019, was $2,590, approximately 0.5% of the median home sale price for May 2021.

The following table compares Wesley Chapel 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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