In November 2020, there were four homes sold, with a median sale price of $185,000 - a 32.6% increase over the $139,500 median sale price for the same period of the previous year. There were 16 homes sold in Bessemer City in November 2019.
The median sales tax in Bessemer City for the most recent year with available data, 2019, was $1,113, approximately 0.6% of the median home sale price for November 2020.
The following table compares Bessemer City to other Gaston County cities with similar median sale prices in November 2020:
| City | Nov. 2020 Home Sales | Nov. 2019 Home Sales | % change (Total Home Sales) | Nov. 2020 Median Sales Price | Nov. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Belmont | 24 | 23 | 4.3% | $310,000 | $230,000 | 34.8% |
| Cramerton | 15 | 11 | 36.4% | $240,000 | $268,500 | -10.6% |
| Mount Holly | 31 | 31 | 0% | $238,000 | $221,500 | 7.4% |
| Lowell | 9 | 4 | 125% | $232,500 | $151,500 | 53.5% |
| Kings Mountain | 2 | 5 | -60% | $186,000 | $115,000 | 61.7% |
| Bessemer City | 4 | 16 | -75% | $185,000 | $139,500 | 32.6% |
| Stanley | 13 | 7 | 85.7% | $180,000 | $257,500 | -30.1% |
| Gastonia | 157 | 139 | 12.9% | $179,000 | $137,000 | 30.7% |
| Brown Town | 1 | 0 | - | $169,000 | $0 | - |
| Ranlo | 8 | 4 | 100% | $167,750 | $135,500 | 23.8% |
| Dallas | 14 | 15 | -6.7% | $167,250 | $184,000 | -9.1% |
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