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Gastonia Times

Wednesday, November 6, 2024

Bessemer City home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Bessemer City rose by $2,000 while total sales increased by 6.7%, according to BlockShopper.com.

In September 2020, there were 16 homes sold, with a median sale price of $94,000 - a 2.2% increase over the $92,000 median sale price for the same period of the previous year. There were 15 homes sold in Bessemer City in September 2019.

The median sales tax in Bessemer City for the most recent year with available data, 2019, was $1,113, approximately 1.2% of the median home sale price for September 2020.

The following table compares Bessemer City to other Gaston County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
West Cramerton10-$188,000$0-
Stanley2613100%$186,250$220,000-15.3%
Gastonia16412135.5%$169,000$160,0005.6%
Fallcrest10-$150,000$0-
Lowell45-20%$144,250$175,000-17.6%
Kings Mountain23-33.3%$132,250$180,000-26.5%
Cherryville15147.1%$110,000$104,0005.8%
Brown Town10-$99,000$0-
Bessemer City16156.7%$94,000$92,0002.2%
North Belmont10-$89,000$0-
South Gastonia110%$59,500$5,0001090%

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