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Gastonia Times

Saturday, November 23, 2024

How did home prices perform in Belmont during January 2021?

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The median sale price of a home sold in January 2021 in Belmont fell by $45,750 while total sales decreased by 47.1%, according to BlockShopper.com.

In January 2021, there were 18 homes sold, with a median sale price of $222,500 - a 17.1% decrease over the $268,250 median sale price for the same period of the previous year. There were 34 homes sold in Belmont in January 2020.

The median sales tax in Belmont for the most recent year with available data, 2019, was $2,245, approximately 1% of the median home sale price for January 2021.

The following table compares Belmont to other Gaston County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Fallcrest110%$260,000$72,500258.6%
Lowell7540%$246,000$109,000125.7%
Brown Town110%$232,500$55,000322.7%
Belmont1834-47.1%$222,500$268,250-17.1%
Mount Holly201266.7%$215,500$227,000-5.1%
Kings Mountain440%$205,500$142,50044.2%
Ranlo440%$201,750$135,00049.4%
Cramerton105100%$200,000$465,000-57%
Bessemer City912-25%$195,000$127,00053.5%
Alexis10-$170,000$0-
Ashebrook Park10-$166,000$0-

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