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Gastonia Times

Wednesday, November 6, 2024

Mount Holly home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Mount Holly rose by $18,000 while total sales increased by 11.5%, according to BlockShopper.com.

From July through September of 2020, there were 97 homes sold, with a median sale price of $228,000 - a 8.6% increase over the $210,000 median sale price for the same period of the previous year. There were 87 homes sold in Mount Holly in the third quarter of 2019.

The median sales tax in Mount Holly for the most recent year with available data, 2019, was $2,299, approximately 1% of the median home sale price for the third quarter of 2020.

The following table compares Mount Holly to other Gaston County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Alexis10-$275,000$0-
Cramerton3335-5.7%$257,000$265,500-3.2%
Belmont93102-8.8%$245,000$235,5004%
Mount Holly978711.5%$228,000$210,0008.6%
Springwood10-$208,000$0-
Ashebrook Park110%$204,000$350,000-41.7%
Vinton Woods110%$190,000$205,000-7.3%
West Cramerton220%$189,250$198,250-4.5%
Dallas4870-31.4%$187,500$136,00037.9%
Lowell1524-37.5%$180,000$180,500-0.3%
Ranlo2228-21.4%$176,500$175,5000.6%

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