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Gastonia Times

Wednesday, November 6, 2024

Belmont home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Belmont rose by $1,000 while total sales decreased by 11.1%, according to BlockShopper.com.

In September 2020, there were 32 homes sold, with a median sale price of $265,000 - a 0.4% increase over the $264,000 median sale price for the same period of the previous year. There were 36 homes sold in Belmont in September 2019.

The median sales tax in Belmont for the most recent year with available data, 2019, was $2,245, approximately 0.8% of the median home sale price for September 2020.

The following table compares Belmont 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)
Alexis10-$275,000$0-
Belmont3236-11.1%$265,000$264,0000.4%
Cramerton14875%$247,500$284,750-13.1%
Mount Holly302330.4%$240,500$210,00014.5%
Springwood10-$208,000$0-
Ranlo812-33.3%$192,500$145,25032.5%
Dallas1627-40.7%$191,000$144,50032.2%
Vinton Woods110%$190,000$205,000-7.3%
West Cramerton10-$188,000$0-
Stanley2613100%$186,250$220,000-15.3%
Gastonia16412135.5%$169,000$160,0005.6%

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