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Wednesday, November 6, 2024

What happened to the median home price in Waxhaw during April 2021?

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The median sale price of a home sold in April 2021 in Waxhaw rose by $17,500 while total sales increased by 28.3%, according to BlockShopper.com.

In April 2021, there were 59 homes sold, with a median sale price of $475,000 - a 3.8% increase over the $457,500 median sale price for the same period of the previous year. There were 46 homes sold in Waxhaw in April 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 April 2021.

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

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Weddington155200%$892,000$535,00066.7%
Marvin10742.9%$746,250$830,000-10.1%
Wesley Chapel69-33.3%$625,000$343,50082%
Waxhaw594628.3%$475,000$457,5003.8%
Indian Trail44432.3%$345,000$260,00032.7%
Stallings199111.1%$343,500$384,000-10.5%
Fairview36-50%$322,500$412,500-21.8%
Hemby Bridge20-$307,000$0-
Mineral Springs31200%$275,000$215,00027.9%
Lake Park6450%$274,500$256,0007.2%
Monroe554425%$270,000$210,50028.3%

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