In August 2020, there were three homes sold, with a median sale price of $170,000 - a 2.7% decrease over the $174,750 median sale price for the same period of the previous year. There were four homes sold in Kings Mountain in August 2019.
The median sales tax in Kings Mountain for the most recent year with available data, 2019, was $1,162, approximately 0.7% of the median home sale price for August 2020.
The following table compares Kings Mountain to other Gaston County cities with similar median sales prices in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Belmont | 28 | 33 | -15.2% | $235,000 | $235,000 | 0% |
| Cramerton | 9 | 17 | -47.1% | $227,500 | $197,000 | 15.5% |
| Lowell | 4 | 6 | -33.3% | $217,500 | $181,000 | 20.2% |
| Gastonia | 136 | 154 | -11.7% | $177,500 | $160,000 | 10.9% |
| High Shoals | 2 | 0 | - | $176,000 | $0 | - |
| Kings Mountain | 3 | 4 | -25% | $170,000 | $174,750 | -2.7% |
| Stanley | 9 | 23 | -60.9% | $165,000 | $180,000 | -8.3% |
| McAdenville | 1 | 0 | - | $160,000 | $0 | - |
| Bessemer City | 9 | 19 | -52.6% | $154,500 | $101,000 | 53% |
| Goshen Grove | 1 | 0 | - | $145,000 | $0 | - |
| Cherryville | 8 | 14 | -42.9% | $145,000 | $152,500 | -4.9% |
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