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Gastonia Times

Monday, November 25, 2024

Stanley home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Stanley rose by $41,000 while total sales increased by 87.5%, according to BlockShopper.com.

In October 2020, there were 15 homes sold, with a median sale price of $202,000 - a 25.5% increase over the $161,000 median sale price for the same period of the previous year. There were eight homes sold in Stanley in October 2019.

The median sales tax in Stanley for the most recent year with available data, 2019, was $1,592, approximately 0.8% of the median home sale price for October 2020.

The following table compares Stanley to other Gaston County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Vinton Woods20-$246,250$0-
Mount Holly3236-11.1%$242,500$181,00034%
Springdale12-50%$240,000$106,000126.4%
Kings Mountain26-66.7%$225,000$163,25037.8%
Ranlo121020%$203,500$171,00019%
Stanley15887.5%$202,000$161,00025.5%
Lowell613-53.8%$199,500$143,50039%
Alexis110%$180,000$360,000-50%
Gastonia161178-9.6%$174,000$162,5007.1%
Dallas171330.8%$169,000$145,00016.6%
Bessemer City201625%$134,000$105,00027.6%

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