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Wednesday, November 6, 2024

April 2021: Wesley Chapel experienced a 82% increase in median home prices

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The median sale price of a home sold in April 2021 in Wesley Chapel rose by $281,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In April 2021, there were six homes sold, with a median sale price of $625,000 - a 82% increase over the $343,500 median sale price for the same period of the previous year. There were nine homes sold in Wesley Chapel in April 2020.

The median sales tax in Wesley Chapel for the most recent year with available data, 2019, was $2,590, approximately 0.4% of the median home sale price for April 2021.

The following table compares Wesley Chapel 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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