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Saturday, November 23, 2024

Charlotte home prices rose in February 2022

Realestate4

The median sale price of a home sold in February 2022 in Charlotte rose by $68,000 while total sales increased by 10.1%, according to BlockShopper.com.

In February 2022, there were 1,253 homes sold, with a median sale price of $335,000 - a 25.5% increase over the $267,000 median sale price for the same period of the previous year. There were 1,138 homes sold in Charlotte in February 2021.

The median sales tax in Charlotte for the most recent year with available data, 2019, was $2,071, approximately 0.6% of the median home sale price for February 2022.

The following table compares Charlotte to other Mecklenburg County cities in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Matthews403129%$408,750$323,00026.5%
Huntersville8690-4.4%$401,000$346,75015.6%
Davidson21210%$400,000$505,000-20.8%
Mint Hill362828.6%$389,500$282,50037.9%
Cornelius4658-20.7%$372,500$302,50023.1%
Wildwoods13-66.7%$350,000$260,00034.6%
Charlotte1,2531,13810.1%$335,000$267,00025.5%
Pineville171513.3%$327,000$324,0000.9%
Stallings01-100%$0$450,000-100%

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