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Saturday, December 21, 2024

Marvin home prices rose in April

Re 14

The median sale price of a home sold in April in Marvin rose by $156,250 while total sales remained unchanged with 10 homes sold, according to BlockShopper.com.

In April, there were 10 homes sold, with a median sale price of $902,500 - a 20.9 percent increase over the $746,250 median sale price for the same period of the previous year. There were 10 homes sold in Marvin in April 2021, as well.

The median sales tax in Marvin for the most recent year with available data, 2019, was $4,484, approximately 0.5 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Weddington615-60$975,000$892,0009.3
Marvin10100$902,500$746,25020.9
Wesley Chapel11683.3$630,500$625,0000.9
Waxhaw5759-3.4$608,000$475,00028
Hemby Bridge220$458,500$307,00049.3
Mint Hill10-$452,000$0-
Matthews40-$435,250$0-
Indian Trail514415.9$400,000$345,00015.9
Lake Park36-50$398,500$274,50045.2
Stallings1419-26.3$372,500$343,5008.4
Monroe5455-1.8$354,500$270,00031.3

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