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Wednesday, November 6, 2024

Falling home prices in Wesley Chapel in January 2021

Realestate1

The median sale price of a home sold in January 2021 in Wesley Chapel fell by $1,500 while total sales decreased by 12.5%, according to BlockShopper.com.

In January 2021, there were seven homes sold, with a median sale price of $433,000 - a 0.3% decrease over the $434,500 median sale price for the same period of the previous year. There were eight homes sold in Wesley Chapel in January 2020.

The median sales tax in Wesley Chapel for the most recent year with available data, 2019, was $2,590, approximately 0.6% of the median home sale price for January 2021.

The following table compares Wesley Chapel 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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