The median sales price of a Union County home in the second quarter of 2022 was $435,000, based on data from the 581 properties sold during that time. In 2019 the median tax bill for the county was $1,656, which is 0.4% of the median value of the homes that were taxed.
This is 0.3 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Union County real estate data showed homeowners in Stallings, Matthews, and Marshville paid the highest rates.
The following table compares Stallings with some other cities belonging to Union County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.
City | Q2 2022 Sales | Q2 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Stallings | 37 | $415,000 | $2,389 | 0.6% |
Matthews | 7 | $438,500 | $2,443 | 0.6% |
Marshville | 16 | $210,000 | $1,243 | 0.6% |
Waxhaw | 135 | $615,000 | $2,803 | 0.5% |
Mint Hill | 4 | $578,750 | $2,726 | 0.5% |
Marvin | 23 | $1,037,000 | $5,023 | 0.5% |
Indian Trail | 119 | $450,000 | $1,690 | 0.4% |
Fairview | 5 | $445,000 | $1,950 | 0.4% |
Lake Park | 8 | $394,250 | $1,460 | 0.4% |
Wingate | 18 | $300,000 | $1,308 | 0.4% |
Wesley Chapel | 22 | $704,500 | $2,901 | 0.4% |
Weddington | 23 | $1,050,000 | $4,215 | 0.4% |
Monroe | 145 | $365,000 | $1,242 | 0.3% |
Unionville | 8 | $471,000 | $1,637 | 0.3% |
Hemby Bridge | 3 | $419,000 | $1,054 | 0.3% |
Mineral Springs | 7 | $430,000 | $1,373 | 0.3% |