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Gastonia Times

Wednesday, November 6, 2024

Kings Mountain home prices fall in September 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in September 2020 in Kings Mountain fell by $47,750 while total sales decreased by 33.3%, according to BlockShopper.com.

In September 2020, there were two homes sold, with a median sale price of $132,250 - a 26.5% decrease over the $180,000 median sale price for the same period of the previous year. There were three homes sold in Kings Mountain in September 2019.

The median sales tax in Kings Mountain for the most recent year with available data, 2019, was $1,162, approximately 0.9% of the median home sale price for September 2020.

The following table compares Kings Mountain 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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