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North Charlotte Today

Sunday, November 17, 2024

Charlotte home prices rose in April

Realestate3

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Adobe Stock

The median sale price of a home sold in April in Charlotte rose by $108,500 while total sales increased by 33.3 percent, according to BlockShopper.com.

In April, there were four homes sold, with a median sale price of $374,500 - a 40.8 percent increase over the $266,000 median sale price for the same period of the previous year. There were three homes sold in Charlotte in April 2021.

The median sales tax in Charlotte for the most recent year with available data, 2019, was $1,243, approximately 0.3 percent of the median home sale price for April.

The following table compares Charlotte to other Cabarrus County cities 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)
Harrisburg2740-32.5$405,000$352,50014.9
Charlotte4333.3$374,500$266,00040.8
Locust57-28.6$360,000$285,50026.1
Midland911-18.2$343,500$280,00022.7
Concord222251-11.6$319,000$257,00024.1
Mount Pleasant34-25$295,000$257,50014.6
Kannapolis93100-7$250,000$216,50015.5
Fisher Town01-100$0$90,000-100

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