How did home prices perform in Cornelius during the second half of 2021?

How did home prices perform in Cornelius during the second half of 2021?
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The median sale price of a home sold in the second half of 2021 in Cornelius rose by $65,500 while total sales decreased by 23.7%, according to BlockShopper.com.

From July through December of 2021, there were 445 homes sold, with a median sale price of $395,500 – a 19.8% increase over the $330,000 median sale price for the same period of the previous year. There were 583 homes sold in Cornelius in the second half of 2020.

The median sales tax in Cornelius for the most recent year with available data, 2019, was $2,527, approximately 0.6% of the median home sale price for the second half of 2021.

The following table compares Cornelius to other Mecklenburg County cities in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Stallings 1 5 -80% $577,000 $390,000 47.9%
Davidson 169 253 -33.2% $500,000 $411,500 21.5%
Huntersville 689 835 -17.5% $403,000 $330,000 22.1%
Cornelius 445 583 -23.7% $395,500 $330,000 19.8%
Matthews 280 319 -12.2% $392,250 $310,500 26.3%
Mint Hill 291 311 -6.4% $360,000 $322,500 11.6%
Charlotte 9,467 9,773 -3.1% $316,000 $265,000 19.2%
Pineville 118 114 3.5% $315,000 $260,000 21.2%
Wildwoods 10 7 42.9% $264,000 $196,000 34.7%


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