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Gastonia Times

Monday, November 25, 2024

Kings Mountain home prices rise in October 2020

Realestate077

The median sale price of a home sold in October 2020 in Kings Mountain rose by $61,750 while total sales decreased by 66.7%, according to BlockShopper.com.

In October 2020, there were two homes sold, with a median sale price of $225,000 - a 37.8% increase over the $163,250 median sale price for the same period of the previous year. There were six homes sold in Kings Mountain in October 2019.

The median sales tax in Kings Mountain for the most recent year with available data, 2019, was $1,162, approximately 0.5% of the median home sale price for October 2020.

The following table compares Kings Mountain 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)
McAdenville23-33.3%$350,000$217,00061.3%
Belmont35342.9%$250,000$286,000-12.6%
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%

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