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Wednesday, November 6, 2024

Weddington (Union County) home prices rose in January 2021

Realestate3

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The median sale price of a home sold in January 2021 in Weddington in Union County rose by $41,000 while total sales increased by 60%, according to BlockShopper.com.

In January 2021, there were eight homes sold, with a median sale price of $690,000 - a 6.3% increase over the $649,000 median sale price for the same period of the previous year. There were five homes sold in Weddington in January 2020.

The median sales tax in Weddington for the most recent year with available data, 2019, was $3,764, approximately 0.5% of the median home sale price for January 2021.

The following table compares Weddington 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%
* This story only considers sales data for the part of Weddington that is in Union County.

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