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Sunday, November 24, 2024

What happened to the median home price in Ranlo during November 2020?

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The median sale price of a home sold in November 2020 in Ranlo rose by $32,250 while total sales increased by 100%, according to BlockShopper.com.

In November 2020, there were eight homes sold, with a median sale price of $167,750 - a 23.8% increase over the $135,500 median sale price for the same period of the previous year. There were four homes sold in Ranlo in November 2019.

The median sales tax in Ranlo for the most recent year with available data, 2019, was $1,590, approximately 0.9% of the median home sale price for November 2020.

The following table compares Ranlo to other Gaston County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Kings Mountain25-60%$186,000$115,00061.7%
Bessemer City416-75%$185,000$139,50032.6%
Stanley13785.7%$180,000$257,500-30.1%
Gastonia15713912.9%$179,000$137,00030.7%
Brown Town10-$169,000$0-
Ranlo84100%$167,750$135,50023.8%
Dallas1415-6.7%$167,250$184,000-9.1%
Springdale21100%$166,500$132,00026.1%
McAdenville20-$160,000$0-
Cherryville1116-31.3%$148,000$137,0008%
Vinton Woods110%$100,000$123,000-18.7%

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