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Saturday, November 16, 2024

February 2021: Home prices in Charlotte increased

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The median sale price of a home sold in February 2021 in Charlotte rose by $116,000 while total sales increased by 150%, according to BlockShopper.com.

In February 2021, there were five homes sold, with a median sale price of $209,000 - a 124.7% increase over the $93,000 median sale price for the same period of the previous year. There were two homes sold in Charlotte in February 2020.

The median sales tax in Charlotte for the most recent year with available data, 2019, was $1,243, approximately 0.6% of the median home sale price for February 2021.

The following table compares Charlotte to other Cabarrus County cities in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Harrisburg26254%$319,500$325,000-1.7%
Mount Pleasant3250%$296,500$128,750130.3%
Midland12120%$265,000$190,75038.9%
Locust20-$254,000$0-
Concord1761684.8%$232,750$199,00017%
Charlotte52150%$209,000$93,000124.7%
Kannapolis68654.6%$158,750$165,000-3.8%
Fisher Town12-50%$66,000$80,750-18.3%

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