The median sale price of a home sold in the fourth quarter of 2020 in Charlotte rose by $35,000 while total sales increased by 8%, according to BlockShopper.com.
From October through December of 2020, there were 4,680 homes sold, with a median sale price of $265,000 – a 15.2% increase over the $230,000 median sale price for the same period of the previous year. There were 4,334 homes sold in Charlotte in the fourth quarter of 2019.
The median sales tax in Charlotte for the most recent year with available data, 2019, was $2,071, approximately 0.8% of the median home sale price for the fourth quarter of 2020.
The following table compares Charlotte to other Mecklenburg County cities in the fourth quarter of 2020:
| City | Oct. – Dec. 2020 Home Sales | Oct. – Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2020 Median Sales Price | Oct. – Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Stallings | 3 | 4 | -25% | $410,000 | $385,000 | 6.5% |
| Davidson | 114 | 72 | 58.3% | $385,000 | $367,500 | 4.8% |
| Cornelius | 262 | 236 | 11% | $351,250 | $286,000 | 22.8% |
| Huntersville | 362 | 365 | -0.8% | $328,250 | $289,000 | 13.6% |
| Mint Hill | 152 | 134 | 13.4% | $317,500 | $297,000 | 6.9% |
| Matthews | 157 | 156 | 0.6% | $310,000 | $272,000 | 14% |
| Charlotte | 4,680 | 4,334 | 8% | $265,000 | $230,000 | 15.2% |
| Pineville | 56 | 57 | -1.8% | $253,000 | $225,000 | 12.4% |
| Wildwoods | 3 | 3 | 0% | $196,000 | $155,000 | 26.5% |
