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Gastonia Times

Thursday, November 7, 2024

McAdenville home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in McAdenville rose by $23,500 while total sales decreased by 50%, according to BlockShopper.com.

From January through June of 2020, there were four homes sold, with a median sale price of $305,000 - a 8.3% increase over the $281,500 median sale price for the same period of the previous year. There were eight homes sold in McAdenville in the first half of 2019.

The median sales tax in McAdenville for the most recent year with available data, 2019, was $2,245, approximately 0.7% of the median home sale price for the first half of 2020.

The following table compares McAdenville to other Gaston County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
McAdenville48-50%$305,000$281,5008.3%
Belmont1681614.3%$254,000$275,000-7.6%
Cramerton4951-3.9%$245,000$228,0007.5%
Alexis26-66.7%$231,500$150,00054.3%
Mount Holly120161-25.5%$218,000$197,50010.4%
Springdale69-33.3%$205,000$150,00036.7%
Lowell2126-19.2%$196,000$153,25027.9%
Vinton Woods880%$187,500$189,000-0.8%
Ranlo383315.2%$179,000$137,50030.2%
Gastonia7376956%$170,000$162,0004.9%
Stanley6466-3%$169,000$154,0009.7%

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