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Wednesday, November 6, 2024

Median home prices in Fairview fell to $421,000 in January 2021

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The median sale price of a home sold in January 2021 in Fairview fell by $47,500 while total sales increased by 50%, according to BlockShopper.com.

In January 2021, there were three homes sold, with a median sale price of $421,000 - a 10.1% decrease over the $468,500 median sale price for the same period of the previous year. There were two homes sold in Fairview in January 2020.

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 January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Marvin23-33.3%$796,500$597,00033.4%
Weddington8560%$690,000$649,0006.3%
Matthews23-33.3%$627,000$342,00083.3%
Waxhaw2536-30.6%$443,000$353,50025.3%
Wesley Chapel78-12.5%$433,000$434,500-0.3%
Fairview3250%$421,000$468,500-10.1%
Mineral Springs30-$400,000$0-
Stallings1018-44.4%$326,750$295,50010.6%
Indian Trail2434-29.4%$324,000$291,25011.2%
Monroe322910.3%$260,000$218,00019.3%
Unionville26-66.7%$255,000$310,000-17.7%

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